Enterprise in Business

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What is the difference between aims and objectives?
Objectives are what a business does to acheive its aims.
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What is an entrepreneur?
Someone who is willing to take risks in order to start a business.
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What is a primary sector of industry?
A business that uses raw materials
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What is a secondary sector of industry?
A business that turns resources into products.
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What is a tertiary sector of industry?
A business that provides a service.
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What is a social enterprise?
A business that is set up to help society
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What is a potential aim of a small business?
To make a profit/ breakeven.
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What is an example of an objective?
Advertise to become known.
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What is a business plan?
A document that sets out what the business intends to acheive.
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Other cards in this set

Card 2

Front

What is an entrepreneur?

Back

Someone who is willing to take risks in order to start a business.

Card 3

Front

What is a primary sector of industry?

Back

Preview of the front of card 3

Card 4

Front

What is a secondary sector of industry?

Back

Preview of the front of card 4

Card 5

Front

What is a tertiary sector of industry?

Back

Preview of the front of card 5
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