N5 Business Management

Front

Oxfam is a charity that operates in the Third Sector. Identify 2 other Sectors of Economy: Primary and Secondary, Primary and Tertiary, Private and Public, Private and Third.

Back

Private and Public

Front

Give a description of the Private Sector.

Back

Owned by private individuals who aim to make a profit.

Front

Enterprise is a Factor of Production. Identify the other Factors of Production.

Back

Land, Labour and Capital

Front

Identify an example of an Entrepreneur.

Back

Front

This external factor looks at the trends and beliefs of the customer.

Back

Social

Front

Identify an internal stakeholder.

Back

Employee

Front

Identify an internal factor of an organisation.

Back

Technology

Front

Which of the following images would come under the 'Environmental' heading in PESTEC?

Back

Front

How do we choose our suppliers?

Back

They are dependable, reliable and offer competitive prices.

Front

Having an overstocked supply of goods means what for a business?

Back

Money is tied up in inventory so may cause cashflow problems