unit 1.1

?
  • Created by: amanb27
  • Created on: 28-09-16 22:00
what is a service
a non-physical good eg. hairdressing.
1 of 10
what is a good
a physical product eg. a table.
2 of 10
what is a supplier
where busineses buy their products from.
3 of 10
what is a customer
who the busineses sell their products to.
4 of 10
what is a consumer
someone who buys the product.
5 of 10
what is a sole trader
someonme who runs a business by themselves.
6 of 10
name an advantage and a disadvantage of being a sole trader.
adv-choose your hours, dis-less help/support.
7 of 10
what are the different aspects of added value
usp,convenience,branding,design,speed,quality.
8 of 10
what is a franchise
a company where they employ franchisee's to do business under their name. eg McDonalds.
9 of 10
what is market mapping
when you see which location to locate your business in correlation to hwe
10 of 10

Other cards in this set

Card 2

Front

what is a good

Back

a physical product eg. a table.

Card 3

Front

what is a supplier

Back

Preview of the front of card 3

Card 4

Front

what is a customer

Back

Preview of the front of card 4

Card 5

Front

what is a consumer

Back

Preview of the front of card 5
View more cards

Comments

No comments have yet been made

Similar Business & Communication Systems resources:

See all Business & Communication Systems resources »See all enterprise resources »