GCSE BUSINESS STUDIES

INFORMATION SHEET

WHAT IS BUSINESS?

A business is where you buy goods and sell and exchange.

what is a customer?

a customer is a person  who buys goods or service from shops or wholesalers.

what is a supplier?

someone whose business is to supply a particular service.

what is a consumer?

consumer is the one who pays to consume the goods and services produced. As such, consumers play a vital role

CHAPTER 2



CHAPTER 2

WHAT IS A MARKET RESEARCH

IT IS WHEN GATHERING INFORMATION OF CONSUMER

what is a primary research

primary research is that you go out and collect yourself for example servery, interview

what is a secondary research

involves  synthesis of existing research rather than primary research, where data is collected from, for example, research subjects or experiments.[1]

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