Adding value, How a business sells a product for more than it costs through the processes they apply, Buffer stock, A quantity of stock kept in store to safeguard against unforeseen shortages or demands, Cash-flow forecast, The prediction of how much money will come into and out of a business over a future time period, chain of command, Part of the structure of a business organisation which shows who is in charge of who, Customer needs, What an individual must have in order to survive, Design mix, The use, appearance and cost of a product, Franchise, Where a business acquires the right to use the name and products of another business, Franchisee, The business which runs a franchise in a specific territory or area, Franchisor, The seller of a right to operate a franchise, Freelance contracts, Where an employee is available to be hired on a daily basis or just for a specific job.

key terms

by
Print
Embed

Leaderboard

Visual style

Options

Switch template

)
Continue editing: ?