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theme 1
business
39 cards
FORMULAS
business
7 cards
Cards (52)
what is an entrepreneur?
someone who
owns
a business/
enterprise
ways of promotion
social media
billboards
advertisment
events
factors affecting price
target
audience
competition
location
cost
of product
why is market mapping important?
to spot
gaps
in the market & to
analyse
competitors
bank loans
money lent to a business/
person
that is paid back with
interest
over an
agreed
time period.
e-commerce benefits
overhead of rent is reduced
more likely to reach a global market
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