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IGCSE Business Studies Key Terms 5 Flashcards | StudBud
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IGCSE Business Studies Key Terms 5
IGCSE Business Studies Key Terms 5
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1
the revenue of a business expressed as a percentage of total market revenue
Profit
Market share
Value output
2
a statement of a specific target to be achieved
Purpose
Goal
Objective
3
organisations who pressure businesses & government to change the policies to reach an objective
Pressure group
Work group
Target group
4
business taking responsibility for the impact their activities might have on the environment
CSR
CIA
CSI
5
individual or group with interest in a business as they are affected by activities & decisions
Stakeholder
Pressure group
Shareholder
6
business with social objectives that reinvests most of profits back into business or society
Corporate enterprise
Industrial enterprise
Social enterprise