Chemistry
What is a sole trader?
A business owned by one person
What is a cash flow statement?
A financial document showing cash inflows and outflows
What is a business plan?
A document outlining business goals
What is a limited company?
A business with limited liability
What is profit?
Revenue minus expenses
What is a competitive advantage?
A unique benefit over competitors
What is a stakeholder?
An individual with an interest in a business
What is market research?
The process of gathering consumer information
What is a target market?
A specific group of consumers
What is a market?
A place where goods are sold
Whah is qualitative data
. Information about opinions .judgements and attitudes
What is quantitative data
Data that can be shown as numbers and can be analysed