People in Business

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Keywords and definitons
Ebony1023
Flashcards by Ebony1023, updated more than 1 year ago
Ebony1023
Created by Ebony1023 over 10 years ago
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Resource summary

Question Answer
Entrepreneurs Spot an opportunity in the market and use the initiative to make a business out of that opportunity
Investors Provide entrepreneurs with finance so they can set up their business in return for shares in the business
Producers/Suppliers Manufacture finished goods to sell to the consumer
Consumers buy products from the entreprenuer/supplier for their own personal use
Employees Work for employer
Employer Hires employees to work for her in return for wage/salary
Interest groups Organisations which represent groups of people who have something in common
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