An organisation that provides goods and services to customers who want or need them.
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What are goods?
Goods are tangible things that are produced,bought or sold, then finally consumed.
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What are services?
sevices are activities that other people or businesses do for you.When you book a holiday, visit the hairdress or eat in a restaurant you are consuming one or more services.
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Give 3 examples of an input?
labour,eqipment,raw materials,finance or enterprise
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what is secondary data?
Researchdata that already exists and which has been collected for adifferent purpose.
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Other cards in this set
Card 2
Front
What are goods?
Back
Goods are tangible things that are produced,bought or sold, then finally consumed.
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