1.1 - 1.2 Business Activity

Someone who purchases a new car is called a .....

• Consumer
• Customer

Someone who drives a new car is called a...

• Consumer
• Customer

The company selling the largest quantity of a particular product is known as the....

• Richest company
• Most successful company
• Forefront leader
• Market leader

A competitive market environment is good for consumers because...

• It drives down prices
• It encourages businesses to improve their customer service
• There are more likely to be promotions and special offers in the market
• All of the above

Does this business provide a good, service or both?
Accountant

• Goods
• Services
• Both

Does this business provide a good, service or both?
Plumber

• Goods
• Services
• Both

Does this business provide a good, service or both?
Sky

• Goods
• Services
• Both

Does this business provide a good, service or both?
Topshop

• Goods
• Services
• Both

Does this business provide a good, service or both?
Vets

• Goods
• Services
• Both

Local, National or Global Business?

• Local
• National
• Global