Unit 1.1 Slides

Wednesday, 24 January 2007

What is a Business?

A business is an organisation that provides goods and services.

The common features of a business is

A name: Marks and Spencer plc

An Aim: provide a wide range of good value products throughout the country

Rules: set opening times, wage scales, common standards.

Resources: buildings, shelves, computers, people

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McDonald's and Franchising