Business Keywords

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  • Created by: cshep
  • Created on: 25-01-15 17:33
Any organisation that makes goods or provides a service
Business
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Wants and desires of a customer
Customer needs
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Gathering of new information
Primary research
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Data that has already been collected
Secondary research
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Opinons and attitudues
Qualitative data
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Expressed as numbers
Quantitive data
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Many businesses trying to win the same market
Competitive market
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A group of products made by one business
Product range
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Increase in benefits of a good or service
Added value
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Characteristic of a product that makes it different from others
Unique selling point (USP)
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A company sells the right to use their business idea and methods at a specific location or area
Franchise
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Start and run their own business
Entrepreneur
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Willingness by an individual to take risks and show initiative in order to establish new business ventures
Enterprise
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Other cards in this set

Card 2

Front

Wants and desires of a customer

Back

Customer needs

Card 3

Front

Gathering of new information

Back

Preview of the front of card 3

Card 4

Front

Data that has already been collected

Back

Preview of the front of card 4

Card 5

Front

Opinons and attitudues

Back

Preview of the front of card 5
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