Business Management

Descripción

Humanities ~ Semester One Business Management
Sophee-Ann G
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Resumen del Recurso

Pregunta Respuesta
Innovation The process of translating an idea or invention into a good or service that creates value or for which customers will pay.
Marketing Plan Product specific, market specific, or company-wide plan that describes activities involved in achieving specific marketing objectives within a set timeframe.
Niche market Narrow segment that aims to provide products to buyers with specific desires and preferences
Social Enterprise A type of non-profit business that employs people and earns income in order to help address perceived social or environmental issues. For example, a social enterprise might provide valuable services to a population in need, or they might perform volunteer or even paid consulting work on environmental cleanup projects.
Target market The market at which a product or service is primarily aimed
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