Exam (elaborations)
BTEC Business Unit 1 - exploring business key terms [Graded A+]
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Economy - Answers-The state of a country of goods and services. Partnership - Answers-Comprising two or more people who set up in business together and share all profits and losses. Liability - Answers-An obligation of a company, or amounts owed to leaders and suppliers. FTSE - Answers-The financial times stock exchange Revenue - Answers-The income received by a business for selling its products and services. Market forces - Answers-Factors created by the economy for the demand and availability of products and services which influences cost. Stakeholder feedback - Answers-Surveying stakeholders for ideas, compliments, suggestion and complaints.
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BTEC Business Unit 1 - Exploring Business Key Term
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BTEC Business Unit 1 - exploring business key term
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- Uploaded on
- October 19, 2023
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btec business unit 1 exploring business key term
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revenue answers the income received by a busines
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liability answers an obligation of a company or
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economy answers the state of a country of good
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