GCSE business S
what is business?
business is a way of making money and making profit.
what is a customer?
a customer is someone that buys the goods of you.
what is a supplier?
a supplier is someone that sells goods.
what is a consumer?
a consumer is a person that buys goods and consumes it.
what is market research?
a market research is a person that researches about their local area to see if they can start the business their
what is primary research?
a primary research is your own research. the research that you find out by your self
what is secondary research?
a secondary research is when other people research. e.g. they use the computer or the internet to find out the information.
what is qualitative data?
is when you ask a question to find one good idea in groups.
what is quantity data?
quantity data is when you find lots of good ideas with your group.
. Chapter 4
What is meant by brand image?
Brand image means the image or logo of the brand.
What brand image might businesss want for the following products ?
A club in town centre.
What is meant by the term after sales service ?
It means You sell it after a sale
State geo types of after sale service that could be given to a garage?
Car sales man and business man.
Explain Why a business might want to develop a brand?
To make more money.
Using a example explain Why the term product range of a business?
They sell things to do with the product.
List two benifits to customars drom compatision ?
Make money and make profits
State there strengths and three weeknesses to a small sports shop?
People Like to buy sports stuff , it could be cheap, make alot of money, its not popular , needs to be big , less customars.
Explain Why someone with experince of a coffee trade might set up a special store?
They might know the idea of bussiness and might be rich.
State two business might choose to set up a shop near a rival?
They might not have enyother place to make the shop or they font want their rival to get customar .