ROLE OF BUISNESS IN SOCIETY Flashcards
(5 cards)
1
Q
needs
A
what we require in order to live
2
Q
wants
A
goods or services that make our life more enjoyable and pleasurable
3
Q
goods
A
a physical product that we can see and touch
4
Q
services
A
Something that is provided for us by an organisation
5
Q
consumption
A
the “using up” of a good or service
