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1. Stakeholder

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

2. 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

3. 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

4. Primary sector

  • is concerned with the extraction of primary/raw materials from their original source E.G. fishing, mining and farming
  • is concerned with transforming the raw materials into a final product. E.G. factories assembly, manufacturing and construction.
  • y provides services to the other sectors of industry E.G. transport, retail, banking, catering, hairdressing and insurance.
  • Pays for everything in a business

5. Added Value

  • is the difference between the selling price of a product and the cost of bought in materials and components.
  • Difference between variable costs and total costs
  • Is the difference between one currency and another currency
  • The difference between types of ownerships

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