Business Terms

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  • Created by: megan-jt
  • Created on: 29-10-15 18:04
are physical products such as burgers or cars
Goods
1 of 9
non-physical items such as hairdressing.
Service
2 of 9
the wants and desires of buyers.
Customer Needs
3 of 9
Firms that sell products to other businesses
Suppliers
4 of 9
Revenue-cost=
Profit
5 of 9
Businesses are likely to be in ___________ with other firms selling similar products
Competition
6 of 9
What stage of production is making the product?
Secondary
7 of 9
What stage of production is gathering raw materials?
Primary
8 of 9
What stage of production is transporting and advertising?
Tertiary
9 of 9

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Card 2

Front

non-physical items such as hairdressing.

Back

Service

Card 3

Front

the wants and desires of buyers.

Back

Preview of the front of card 3

Card 4

Front

Firms that sell products to other businesses

Back

Preview of the front of card 4

Card 5

Front

Revenue-cost=

Back

Preview of the front of card 5
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