business

studied byStudied by 14 people
0.0(0)
Get a hint
Hint

bias

1 / 26

flashcard set

Earn XP

Description and Tags

who would like crucified sideways

27 Terms

1

bias

leaning towards one view and showing favouritism and prejudice

New cards
2

boycott

the choice to avoid the purchase of particular product or of a particular company due to moral, ethical, political or environmental reasons

New cards
3

consumer attitude

an individual’s overall feeling about a good or service

New cards
4

culture

values, beliefs, behaviours and traditions that are upheld by a society

New cards
5

ethical consumerism

making a purchase based on a business’ ethical, moral, political, or environmental standing

New cards
6

loan

temporary lending d’argent in which is given by a financial institution

New cards
7

marketing

planning, executing, proposing and promoting products

New cards
8

motives

the reason for which individuals do something

New cards
9

operations

area in business that contains all of the activities involved with producing goods and services

New cards
10

pee group

a group in which a person strongly identifies with (for anyone going to answer this with “peer group” you are in fact wrong) (its pee group)

New cards
11

personality

all of the behaviours and characteristics that make up an individual

New cards
12

profit

l’argent from goods and services while deducting the cost business expenses

New cards
13

psychological

influences in an individual that impacts their purchasing habits

New cards
14

quality

degree of excellence in fitness and other aspects of goods and services

New cards
15

roadworthy certificate

proof car works well (used cars only)

New cards
16

sociocultural influences

aspects of society which impact an individual’s purchasing habits

New cards
17

stamp duty

compulsory fee charged by the state for the fucking bitchass car in your possession

New cards
18

technology

scientific knowledge used to make machinery and devices to improve business productivity and solve their problems

New cards
19

productivity

measure of efficiency (output compared to input production) aka not being a lazy piece of shite

New cards
20

output

goods and services delivered to consumers

New cards
21

input

resources used for producing goods and services

New cards
22

innovation

adding to an already existing product line or significantly improving an existing product or process

New cards
23

research and development expenditure

activities done to improve existing products or creating new products.

New cards
24

invention

development of something new

New cards
25

market share

the proportion of the total market that a business has, calculated by the business’ sales in the market divided by the total sales of all businesses in the market.

New cards
26

marketing campaign

research → product → price → promotions → place → evaluation.

New cards
27

upskilling

providing of training and further education to employees

New cards

Explore top notes

note Note
studied byStudied by 74 people
... ago
5.0(1)
note Note
studied byStudied by 5 people
... ago
5.0(1)
note Note
studied byStudied by 9 people
... ago
5.0(1)
note Note
studied byStudied by 1 person
... ago
5.0(1)
note Note
studied byStudied by 32 people
... ago
5.0(2)
note Note
studied byStudied by 21 people
... ago
5.0(1)
note Note
studied byStudied by 12 people
... ago
5.0(2)
note Note
studied byStudied by 2352 people
... ago
5.0(11)

Explore top flashcards

flashcards Flashcard (31)
studied byStudied by 2 people
... ago
5.0(1)
flashcards Flashcard (34)
studied byStudied by 2 people
... ago
5.0(1)
flashcards Flashcard (116)
studied byStudied by 44 people
... ago
5.0(1)
flashcards Flashcard (63)
studied byStudied by 2 people
... ago
5.0(1)
flashcards Flashcard (89)
studied byStudied by 5 people
... ago
5.0(1)
flashcards Flashcard (30)
studied byStudied by 27 people
... ago
5.0(1)
flashcards Flashcard (87)
studied byStudied by 24 people
... ago
5.0(1)
flashcards Flashcard (61)
studied byStudied by 527 people
... ago
4.3(3)
robot