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Chapter 1

People in Business

TermDefinition
Business People/organisations producing goods and services and supplying them to consumers.
Commercial Business They sell goods to earn a profit.
Profit The differance between what the business takes in and their expeniture.
Non-commercial Does not aim to make a profit. Eg. Charaties, museums, etc..
Stakeholders
Created by: SBDowney
Popular Business sets

 

 



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