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Chapter 2: Challenges of the business environment
N/A
9
Business
11th Grade
10/07/2013

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Cards

Term
challenge (p17)
Definition
A task or situation that tests someone's abilities.
Term
Vision (p17)
Definition
The ability to think about or plan the future with wisdom or imagination.
Term
Mission Statment (p17)
Definition
A formal summary of the aims and values of an organisation or individual.
Term
Trade Union (p17)
Definition
An organized association of workers in a trade, group of trades, or profession, formed to protect and futher their rights and interests.
Term
A strike (p17)
Definition
Is a work stoppage as a form of protest or to strengthen ones bargaining position.
Term
A go-slow (p7)
Definition
Is aform of protest by employees in which they deliberately slow done in order to lower productivity for the employer.
Term
Demographics (p19)
Definition
Statistical data relating to the population and particular groups within it; often includes age, gender, income group and occupation.
Term
Phychographics (p19)
Definition
The classification of people according to their attitudes, aspirations and other psychological criteria, especially in market research.
Term
Sicio-cultural (p19)
Definition
Involves a combination of social and cultural factors.
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