Business Topic 1.1 2.0 / 5 based on 1 rating ? Business StudiesGCSEEdexcel Created by: SophieCreated on: 15-05-13 16:49 A person who buys the product or is supplied with the product by a business. Customer 1 of 8 A business which sells to another business. Supplier 2 of 8 the person who uses the product, or consumes it. Consumer 3 of 8 Where buyers and sellers meet to exchange goods and services Market 4 of 8 Non- physical products where the supplier provides something specialised; intangable Services 5 of 8 Physical products that can be touched; tangable Goods 6 of 8 People who help make the end product Labour 7 of 8 Identify 3 reasons why it is important to identify what your customers may want? 1. So that you can target your product at them 8 of 8
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