keyterms

HideShow resource information

1. secondary sector

  • Pays the wages for all staff
  • y provides services to the other sectors of industry E.G. transport, retail, banking, catering, hairdressing and insurance.
  • y provides services to the other sectors of industry E.G. transport, retail, banking, catering, hairdressing and insurance.
  • is concerned with the extraction of primary/raw materials from their original source E.G. fishing, mining and farming
1 of 8

Other questions in this quiz

2. Business objectives

  • are the aims that a business try to achieve but cant
  • are the aims and targets that a business works towards
  • are the aims that a business tries to avoid
  • are the aims that a business tries to not acheive

3. A need

  • A waste of money
  • a good or service essential for living. E.G. Food, Water, Shelter and Clothing.
  • a good or service which people would like to have but which is not essential for living. People's wants are unlimited. E.G. TV, Phone, Computer
  • A good or service that is too expensive

4. Stakeholder

  • any individual with an interest in a business or organisation
  • Any organisation interested in joining a business
  • A individual who tries to sue a business
  • A organisation that tries to sue a company

5. A want

  • something too expensive
  • a good or service essential for living. E.G. Food, Water, Shelter and Clothing.
  • a good or service which people would like to have but which is not essential for living. People's wants are unlimited. E.G. TV, Phone, Computer
  • Waste of money

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Keyterms resources »