GCSE Business Key Terms

ChrisDev
Flashcards by ChrisDev, updated more than 1 year ago
ChrisDev
Created by ChrisDev almost 5 years ago
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These are flash cards to revise GCSE Business Studies key terms.

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Question Answer
What is a stakeholder? A stakeholder is someone that has an impact on the business. Workers are stakeholders because they have a say in what happens with the company.
What are Aims and Objectives of a Business? The aims and objectives are ways that the business want to operate. They are hoping to reach their objectives which they hope will make their business more profitable.
What is a functional area? The functional areas of a business are groups of people inside the business who have a key role and have tasks to complete.
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