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Types of Occupation | Week 17 Topics1 Quiz
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Honesty in Business | Week 26 Topics1 Quiz
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Ethics in Sourcing Chemicals and the Need for the Monitoring and Control of Chemicals | Week 37 Topics1 Quiz
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Entrepreneurship | Weeks 4 & 55 Topics1 Quiz
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Forms of Business Organisation | Weeks 6 & 76 Topics1 Quiz
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Consumer, Market & Society | Weeks 8 & 95 Topics1 Quiz
Meaning of Consumer:
A consumer is anyone who buys goods for direct consumption. A consumer is the end-user of a product. He uses goods and services for satisfaction.
Meaning of Market:
Market means any arrangement whereby buyers and sellers can communicate, in order to conduct a business transaction. It does not matter what the arrangement may be. All that is required is that buyers and sellers are in close enough contact with one another, to permit transactions to take place.
Meaning of Society:
A society is a group of individuals involved in persistent social interaction, or a large social group, sharing the same geographical, and social territory, typically the same political authority, and dominant cultural expectations.
In simple words, society is an organisation of people who share a common cultural and social background.
