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Term | Definition |
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Entrepreneurs | Entrepreneurs are risk takers when starting up a business with hope of making a profit e.g Orla Kiely |
Investors | Invest finance in an enterprise,investors can be banks or other financial institutions or private people with money they wish to invest.If they feel that it is a good risk then a decision will be made to invest. e.g Bill Gates |
Consumer | Is the person that the product or service is provided for where as the customer could possibly buy the product to sell themselves e.g Buying a chocolate bar |
Lobbying | Is when you apply pressure to the goverment to make a decision e.g Careers association |
Producer | Turns raw materials into finished products e.g:Glanbia turns milk to yoghurt |