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Intro to business
Introduction to business
| Question | Answer |
|---|---|
| name two types of businesses | commercial and non-commercial |
| name five stakeholders in a business | entrepreneur, employer, employee, producer government |
| name three types of loans | loan capital, grant , equity capital |
| define an interest group | a group who meet and campaign for a common goal |
| name two types of business intrest groups | ibec [irish business and employers confederation] and isme [irish small and medium enterprise association] |
| define boycotting | consumers refuse to buy goods or services to show their dissatisfaction to the business |
| define lobbying | trying to persuade decision-makers to support laws or rules that give an advantage to your industry |
| name the different types of relationships that could happen between stakeholders | competitive, co-operative, dependent and dynamic |