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Unit 6 F-Focus

Administration the process or activity of running a business or organization
Business a person’s regular occupation, profession, or trade
Business plan A written plan that describes how a new business is going to achieve its goals
Consumer a person who purchases goods and service for personal use
Efficiency the state or quality of being efficient
Entrepreneurship the development of a business from the ground up
Evaluate form an idea of assess
Industry economic activity concerned with the processing of raw materials and manufacture of goods in factories
Marketing the action or business of promoting and selling products or services including research and advertising
Producer a person, company, or country that makes, grows, or supplies goods or commodities for sale
Profits a financial gain especially the difference between the amount earned and the amount spent
Spreadsheet an electronic document in which data is arranged in the rows and columns of a grid and can be manipulated and used in calculations
Strategy a plan of action or policy to achieve a major or overall aim
Supply and Demand the amount of a commodity, product or service available and the desire of buyers for it
Tactics an action or strategy carefully planned to achieve a specific end
Created by: BlueNeedle



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