AQA Business Unit 1 Mix 1

A physical product such as a car

• Good

• Service

• Consumer

• Customer

Something you pay someone for but cannot touch - such as a advice or a bus ride

• Good

• Service

• Consumer

• Customer

Someone who uses goods and services provided by businesses

• Good

• Service

• Consumer

• Customer

Someone who buys a product from a business

• Good

• Service

• Consumer

• Customer

Businesses in the first stage of production that use raw materials like farms and mining companies.

• Primary Sector

• Secondary Sector

• Tertiary Sector

This sector is made up of businesses that turn raw materials into products.

• Primary Sector

• Secondary Sector

• Tertiary Sector

This sector is the final stage that provide a service like fast food restaurants and delivery companies.

• Primary Sector

• Secondary Sector

• Tertiary Sector

The part of a business that deals with advertising and target market

• Marketing

• Product

• Promotion

• Place

Someone who sets up a business on their own

• Sole Trader

• Partnership

• Company

• Entrepreneur

When two or more people join together in a business enterprise

• Sole Trader

• Partnership

• Company

• Entrepreneur