Impact of Business
What is something that can be bought or sold?
Product
What is any activity related to making a product?
Production
What is the term for all the activities involved in developing and exchanging products?
Business
What includes all business activities that involve money?
Finance
What is a physical item that can be touched?
A good
What consists of all activities that identify, anticipate, and satisfy customers?
Marketing
What is an individual or group who buys products?
Customer
What is the process of controlling and making decisions about a business?
Management
Customers who purchase goods and services for their own use are?
Consumers
What is significant about all of these functions?
They are all functions of business