Definitions

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When a business makes a product or service that makes it better than competitors
Adding Value
1 of 10
A person who sets up a business taking on risks
Entrepreneur
2 of 10
Management of large amounts of money
Finance
3 of 10
Where two of more people own a business
Partnership
4 of 10
Where one person owns a business
Sole Trader
5 of 10
A long term thing that wants to be achieved
Aim
6 of 10
A goal that is SMART
Objective
7 of 10
A person that owns a part of a business
Stakeholder
8 of 10
A proportionate saving in costs gained by an increased level of production
Economies of Scale
9 of 10
Commercial transactions conducted on the internet
E-Commerce
10 of 10

Other cards in this set

Card 2

Front

A person who sets up a business taking on risks

Back

Entrepreneur

Card 3

Front

Management of large amounts of money

Back

Preview of the front of card 3

Card 4

Front

Where two of more people own a business

Back

Preview of the front of card 4

Card 5

Front

Where one person owns a business

Back

Preview of the front of card 5
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