This class was created by Brainscape user Mary Mikhael. Visit their profile to learn more about the creator.
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Mary Mikhael
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Decks in this class (11)
The Purpose and nature of Business
What is a product,
Are products tangible or intangible,
Can products be touched
18
cards
business ownership
What is unlimited liability,
What is a sole trader 1,
Give 2 benefits of being a sole t...
17
cards
setting business aims and objectives
What does the acronym smart stand...,
What is the definition of an aim 1,
What is the definition of an obje...
18
cards
business location (unfinished)
The decision on location is impor...,
What are 2 factors influencing st...,
What are 2 factors determining wh...
9
cards
business in the real world test
What is unlimited liability,
Give 2 benefits of being a sole t...,
Give 2 disadvantages of being a s...
19
cards
ethical & environmental considerations
What is ethics 1,
What is profit 1,
What are fair trade products 1 wh...
12
cards
employee legislation
What is meant by the term legisla...,
What are the 2 main categories of...,
Explaine what individual employme...
13
cards
the competitive environment
Why might someone buy shares in a...,
What is meant by the term competi...,
What is meant by the term risk 1
15
cards
globalisation
What is meant by the tern exchang...,
What does the acronym spiced spel...,
What does the acronym wpidec spel...
9
cards
technology
What does digital communication u...,
What can businesses do with digit...,
Digital communication
3
cards
consumer rights
What does consumer rights act 201...,
Give 2 ways how a business can tr...,
What are consumer laws 1
3
cards
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