Business

• a business is an organisation that provides goods and services
• Consumer goods are good sold to ordinary people
• Produces good are goods produced by one business for another
• a private enterprise is owned by an individual or group of individuals with the objective to make money profits for the owner
• Social enterprise is in the private sector but are non profit making such as charities
• Public enterprise are owned by the government and provides goods and services such as health care and policing
• A stakeholder is an individual or group that has an interest in the business and is affected by its activities.