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40 Cards in this Set
- Front
- Back
Wants
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Are things that you do not have to have to survive.
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Needs
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Are things that you must have to survive.
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Goods
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Are physical products. Something you leave with.
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Services
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Are tasks t hat business perform for consumers.
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Resources
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Are items that people can use to make or obtain what they need or want.
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|
Business
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Is any commercial activity that seeks profit by providing goods or services.
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|
Profit
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Is the money left over after a business has paid the cost of providing its goods and services.
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Competition
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A contest between businesses to win customers.
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Market research
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Is the act of gathering and analyzing information about the wants and needs and preferences of consumers in a certain market.
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Consumer
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Is a person who uses goods or services.
|
|
Wants
|
Are things that you do not have to have to survive.
|
|
Needs
|
Are things that you must have to survive.
|
|
Goods
|
Are physical products. Something you leave with.
|
|
Services
|
Are tasks t hat business perform for consumers.
|
|
Resources
|
Are items that people can use to make or obtain what they need or want.
|
|
Business
|
Is any commercial activity that seeks profit by providing goods or services.
|
|
Wants
|
Are things that you do not have to have to survive.
|
|
Needs
|
Are things that you must have to survive.
|
|
Profit
|
Is the money left over after a business has paid the cost of providing its goods and services.
|
|
Competition
|
A contest between businesses to win customers.
|
|
Goods
|
Are physical products. Something you leave with.
|
|
Market research
|
Is the act of gathering and analyzing information about the wants and needs and preferences of consumers in a certain market.
|
|
Services
|
Are tasks t hat business perform for consumers.
|
|
Consumer
|
Is a person who uses goods or services.
|
|
Resources
|
Are items that people can use to make or obtain what they need or want.
|
|
Business
|
Is any commercial activity that seeks profit by providing goods or services.
|
|
Profit
|
Is the money left over after a business has paid the cost of providing its goods and services.
|
|
Competition
|
A contest between businesses to win customers.
|
|
Market research
|
Is the act of gathering and analyzing information about the wants and needs and preferences of consumers in a certain market.
|
|
Consumer
|
Is a person who uses goods or services.
|
|
Wants
|
Are things that you do not have to have to survive.
|
|
Needs
|
Are things that you must have to survive.
|
|
Goods
|
Are physical products. Something you leave with.
|
|
Services
|
Are tasks t hat business perform for consumers.
|
|
Resources
|
Are items that people can use to make or obtain what they need or want.
|
|
Business
|
Is any commercial activity that seeks profit by providing goods or services.
|
|
Profit
|
Is the money left over after a business has paid the cost of providing its goods and services.
|
|
Competition
|
A contest between businesses to win customers.
|
|
Market research
|
Is the act of gathering and analyzing information about the wants and needs and preferences of consumers in a certain market.
|
|
Consumer
|
Is a person who uses goods or services.
|