Term 3 EMS revision

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8 Terms

1
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What does SWOT stand for

Strengths, weaknesses, opportunities and threats

2
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What does SMARTER stand for

Specific, measurable, achievable, realistic, time bound, evaluate and reward

3
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What is inequality

Unfair share of wealth

4
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What is poverty

Can’t meet basic needs

5
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What are causes of this

Unemployment and low education

6
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What does this cause and affect

Poor living conditions and bad socio economic balances

7
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What are some solutions for this

Education, jobs, grants and entrepreneurship

8
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What are the 4Ps of marketing

Product, price, place and promotion