Business
University of Cape Town (UCT)
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Introduction to Business Management Terminologies
- Summary • 14 pages • 2023
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- R43,22
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Introduction to Business Management Terminologies 
 
 
Business Plan - A document that sets out the business’s goals, objectives, ideas and details on how the business will operate 
 
Customers - People who buy the product 
 
Consumers - People who actually use the product 
 
Entrepreneurs - People who decide to set up their own business, they are the owners and operators of an organisation. They are risk takers who exploit business opportunities in return for profits. 
 
Intrapreneurship ...
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