business study 3.0 / 5 based on 1 rating ? Business StudiesGCSEAQA Created by: Nick RansomCreated on: 15-09-12 12:46 Physical products such as burgers or cars. goods 1 of 10 Non- physical items such as hairdressing. services 2 of 10 The wants and desires of buyers. customer needs 3 of 10 A new firm operating in the market for the first time. business start up 4 of 10 The vast majority of businesses are very small and operate in these. service sector 5 of 10 Businesses buy the products they need from these. suppliers 6 of 10 The individuals who use the product. consumer 7 of 10 A business buys or hires these which can be raw materials. inputs 8 of 10 8 is transformed into these- called products. outputs 9 of 10 This is the business activity of using resources to make goods and services. production 10 of 10
Comments
No comments have yet been made