What is a Business?
- Created by: lauren.beer3
- Created on: 04-01-17 15:16
Other questions in this quiz
2. What does the transformation process do?
- developes the business
- improves what the business inputs
- describes what happens inside the business
- has two steps:input and output
3. What is a business?
- group of people making money
- group of important people with ideas
- an organisation that provides goods and services
- people who provide products
4. what is a service?
- a physical product from the company
- an intangable product
- a tangible product
- a non-physical product
5. what do businesses do?
- they make profits on product they create with the transformation process
- they take products and transform them into goods.
- they take resource inputs and transform them into goods and services
- they take a service and improve them
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