The Purpose And Nature Of Business Flashcards
1
Q
Customer
A
Someone who buys a product
2
Q
Consumer
A
People that use the products
3
Q
Goods
A
A physical product, such as a car.
4
Q
Tangible
A
You can touch it
5
Q
Intangible
A
You can’t touch it
6
Q
Service
A
Something you buy that is intangible
7
Q
Business
A
An organisation that either supplies a product or service
8
Q
Social enterprise
A
An organisation set up to help individuals, not neccesarily for profit.
9
Q
Enterpreneur
A
Someone who takes a risk to start a business
