AP business 1.1
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt Play1/9
There's no tags or description
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai | Chat |
|---|
No analytics yet
Send a link to your students to track their progress
10 Terms
Organization
a structured group of people formed to Schoenberg a common goal
business
an organization that produces goods or services and sells them; most business see profit by selling they products for more than the cost of obtaining them
customer
the buyer of a good or serves
consumer
the user of a good or service
The problem-solution fit
the song between a business’s product and of the problems of intended customers
value
The worth assists to a good r service says on it’s perceived fit with suers’ needs ad wants; by offering products that solve customers’ problems and satisfy their needs
value creation
occurs when a business offers a product that solves customers’ problems or satisfies their needs and wants
value capture
occurs when a business can charge customers a price that Ezekiel’s the cost of providing the product
revenue
the money received in exchange for goods or services
profit
revenue minus the cost of making of product and running the business