1C Part 2 Flashcards
(4 cards)
1
Q
Global Markets
A
Global Markets are areas across the world in which businesses trade goods and services.
2
Q
Research and Development
A
Research and Development is activity directed towards discovering, creating and introducing new products and processes.
3
Q
Technological Development
A
Technological Development are the invention and innovation of tools that solve problems and enhance processes.
4
Q
Market Share
A
Market share is the proportion of sales a business makes in their industry.
