Business 1.1 The purpose and nature of businesses

studied byStudied by 9 people
0.0(0)
Get a hint
Hint

A Good

1 / 3

flashcard set

Earn XP

Description and Tags

4 Terms

1

A Good

A physical product, such as a car. (Tangible)

New cards
2

A service

An intangible product (that is, you

cannot touch it), such as financial

advice or a bus journey.

<p>An intangible product (that is, you</p><p>cannot touch it), such as financial</p><p>advice or a bus journey.</p>
New cards
3

Customer

Someone who buys a product from a business

New cards
4

Consumer

Someone who uses goods and

services produced by businesses,

New cards

Explore top notes

note Note
studied byStudied by 17 people
... ago
5.0(1)
note Note
studied byStudied by 7 people
... ago
5.0(1)
note Note
studied byStudied by 182 people
... ago
5.0(2)
note Note
studied byStudied by 12 people
... ago
5.0(1)
note Note
studied byStudied by 24 people
... ago
4.0(2)
note Note
studied byStudied by 5 people
... ago
5.0(2)
note Note
studied byStudied by 1 person
... ago
5.0(1)

Explore top flashcards

flashcards Flashcard (138)
studied byStudied by 68 people
... ago
5.0(1)
flashcards Flashcard (88)
studied byStudied by 17 people
... ago
5.0(1)
flashcards Flashcard (20)
studied byStudied by 5 people
... ago
5.0(1)
flashcards Flashcard (67)
studied byStudied by 1 person
... ago
5.0(1)
flashcards Flashcard (89)
studied byStudied by 79 people
... ago
5.0(1)
flashcards Flashcard (27)
studied byStudied by 1 person
... ago
5.0(1)
flashcards Flashcard (103)
studied byStudied by 24 people
... ago
5.0(1)
flashcards Flashcard (28)
studied byStudied by 51 people
... ago
4.0(1)
robot