Term
|
Definition
| Decision-making organization involved in the process of using inputs to produce goods or services |
|
|
Term
|
Definition
| Labor and raw materials. Within the production process |
|
|
Term
|
Definition
| Product (Goods or services) |
|
|
Term
|
Definition
|
|
Term
|
Definition
| Statement of what the company wants to be n the future |
|
|
Term
|
Definition
| Objective that the company plans to achieve |
|
|
Term
|
Definition
| Plan to help achieve the objectives the company has |
|
|
Term
|
Definition
| Local specific plans to fit the strategy in order to achieve the goal |
|
|
Term
|
Definition
| Someone who has an affect or can be affected by the whole business |
|
|
Term
|
Definition
| People a part of the business (Owner, CEO, workers) |
|
|
Term
|
Definition
| People who aren't directly a part of the company (Suppliers, government, customers, pressure groups) |
|
|
Term
|
Definition
| When two companies merge for mutual benefits |
|
|
Term
|
Definition
| Firms join together to operate as one |
|
|
Term
|
Definition
| Efficiency in terms of cost at different capacities |
|
|
Term
|
Definition
| Business being responsible and acting morally towards stakeholders |
|
|
Term
|
Definition
| Strengths, Weaknesses, Opportunities, Threats |
|
|
Term
|
Definition
| Political, Economical, Social, Technological |
|
|
Term
|
Definition
| Run and owned by private individuals and businesses |
|
|
Term
|
Definition
| Run and owned by government |
|
|
Term
|
Definition
|
|
Term
|
Definition
| Businesses involved in raw material production |
|
|
Term
|
Definition
| Businesses constructing or manufacturing physical products |
|
|
Term
|
Definition
| Business concerned with services to customers (tourism) |
|
|
