GCSE Business Studies

information sheet

chapter 1

What is a Buisness ?

A Business is where you buy and sell or exchange goods to customers also its an organisation witch provides services for example business offer customer services and its the wants and desires of the buyers.

What is a Customer ?

A customer is where a a person purchases products from the business

What is a Supplier

chapter 2

A Supplier is where a person supplies  products,goods    and services  in

bulk to a business

What is a Consumer?

A person who purchases goods and services for personal use.

What is a market research?

the action or activity of gathering information about consumers' needs and preferences.

What is a primary research ?

Primary research is any type of research that you go out and collect yourself. Examples include surveys, interviews, observations, and ethnographic research

Chapter 3

Give some examples

What is secondary research ?

Give examples

What is qualitative data ?

What is quantitative data?

What is a market map ?

What is a segments (give some examples)?

Name some expensive shops?

What does it mean by "a gap in the market"?

Comment Stream

3 years ago