1.1.1 The Dynamic nature of business Flashcards
1
Q
WHAT IS A SERVICE?
A
THE ACTION OF HELPING SOMEONE OR DOING SOMETHING FOR MONEY.
2
Q
WHAT IS A PRODUCT?
A
AN ARTICLE OR SUBSTANCE THAT IS MANUFACTURED OR REFINED FOR SALE.
3
Q
WHAT DOES OBSOLETE MEAN?
A
A PRODUCT THAT IS NO LONGER SOLD OR OUT OF DATE.
4
Q
WHAT DOES DYNAMIC MEAN?
A
CONTSTANT CHANGE IN ACTIVITY OR PROGRESS.
5
Q
WHAT ARE ORIGINAL IDEAS?
A
NEW, FRESH OR NOT THOUGHT OF BEFORE. ORIGINAL IDEAS.
