Exploring Business & Entrepreneurship Review

Front

Services are...........

Back

hairdresser

Front

Products are.............

Back

clothing

Front

This is someone who uses goods & services.

Back

consumer

Front

Someone who purchases goods or services.

Back

customer

Front

Things that are necessary for survival are called

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needs

Front

A reason or motive for starting a business is the desire to make money. This is called the

Back

profit motive

Front

This includes recording activities that deal with money so managers can make better business decisions.

Back

accounting

Front

Paying taxes, purchasing inventory, preparing payroll checks are all part of

Back

accounting

Front

This function of business is to make sure the organization meets its goals & obligations.

Back

management

Front

This is the process of satisfying the needs and wants of consumers through exchange.

Back

marketing