Principles of business at Nigerian Turkish Nile University

Flashcards and summaries for Principles of business at the Nigerian Turkish Nile University

Arrow Arrow

It’s completely free

studysmarter schule studium
d

4.5 /5

studysmarter schule studium
d

4.8 /5

studysmarter schule studium
d

4.5 /5

studysmarter schule studium
d

4.8 /5

Study with flashcards and summaries for the course Principles of business at the Nigerian Turkish Nile University

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Business 

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Types of business according to size 

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Types of business according to profit-motive 
This was only a preview of our StudySmarter flashcards.
Flascard Icon Flascard Icon

Millions of flashcards created by students

Flascard Icon Flascard Icon

Create your own flashcards as quick as possible

Flascard Icon Flascard Icon

Learning-Assistant with spaced repetition algorithm

Sign up for free!

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Types of business according to sector

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Microenterprise 

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Small sized enterprises 

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Medium sized enterprises 
This was only a preview of our StudySmarter flashcards.
Flascard Icon Flascard Icon

Millions of flashcards created by students

Flascard Icon Flascard Icon

Create your own flashcards as quick as possible

Flascard Icon Flascard Icon

Learning-Assistant with spaced repetition algorithm

Sign up for free!

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Large enterprises 

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Non-profit organizations examples 

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Manufacturing businesses 

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Service businesses 
This was only a preview of our StudySmarter flashcards.
Flascard Icon Flascard Icon

Millions of flashcards created by students

Flascard Icon Flascard Icon

Create your own flashcards as quick as possible

Flascard Icon Flascard Icon

Learning-Assistant with spaced repetition algorithm

Sign up for free!

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Characteristics of business 

Your peers in the course Principles of business at the Nigerian Turkish Nile University create and share summaries, flashcards, study plans and other learning materials with the intelligent StudySmarter learning app.

Get started now!

Flashcard Flashcard

Exemplary flashcards for Principles of business at the Nigerian Turkish Nile University on StudySmarter:

Principles of business

Business 
An activity that creates or provides something of value that other people want or need at a price they're willing to pay, in a way that satisfies the purchaser's needs and expectations and provides the business sufficient revenue to make it worthwhile for the owners to continue. 

Principles of business

Types of business according to size 
  • Microenterprises 
  • Small and medium-sized enterprises (SMEs) 
  • Large enterprises 

Principles of business

Types of business according to profit-motive 
  • Profit organizations 
  • Non-profit organizations 

Principles of business

Types of business according to sector
  • Manufacturing business 
  • Service business 

Principles of business

Microenterprise 
A small scale business owned by one person and is usually home-based. The business usually has few employees (5-10 individuals) and they are established with small amounts of capital. 

Principles of business

Small sized enterprises 
As the name applies, it's a small scale business with 50 or less workers. The business is managed by the owner on a day to day basis. 

Principles of business

Medium sized enterprises 
Small scale businesses with 51 to 500 workers. The business is managed by the owner on a day to day basis 

Principles of business

Large enterprises 
This type of business has a domestic or global market. 

Principles of business

Non-profit organizations examples 
  • Charity 
  • Public institutions 
  • Foundations 
  • Hospitals
etc 

Principles of business

Manufacturing businesses 
Businesses that produce tangible goods. In this business raw materials obtained from suppliers are transformed into finished products 

Principles of business

Service businesses 
Businesses which provide intangible products to consumers. Examples are travel businesses, accommodation businesses, medical checkups, etc. 

Principles of business

Characteristics of business 
  • They exchange goods and services for money 
  • They take risks and deal with uncertainties 
  • Production of goods to satisfy human wants and needs
  • Profit or non-profit oriented 
  • They are created to continue operation

Sign up for free to see all flashcards and summaries for Principles of business at the Nigerian Turkish Nile University

Singup Image Singup Image

Business PLanning at

Universität Magdeburg

E-Business at

Universität Duisburg-Essen

Principles of Micronomics at

Universität Wien

BNS-1004: Principles of Life 1 at

University of Wales, Bangor

4. Types of business organizations at

University of Birmingham

Similar courses from other universities

Check out courses similar to Principles of business at other universities

Back to Nigerian Turkish Nile University overview page

What is StudySmarter?

What is StudySmarter?

StudySmarter is an intelligent learning tool for students. With StudySmarter you can easily and efficiently create flashcards, summaries, mind maps, study plans and more. Create your own flashcards e.g. for Principles of business at the Nigerian Turkish Nile University or access thousands of learning materials created by your fellow students. Whether at your own university or at other universities. Hundreds of thousands of students use StudySmarter to efficiently prepare for their exams. Available on the Web, Android & iOS. It’s completely free.

Awards

Best EdTech Startup in Europe

Awards
Awards

EUROPEAN YOUTH AWARD IN SMART LEARNING

Awards
Awards

BEST EDTECH STARTUP IN GERMANY

Awards
Awards

Best EdTech Startup in Europe

Awards
Awards

EUROPEAN YOUTH AWARD IN SMART LEARNING

Awards
Awards

BEST EDTECH STARTUP IN GERMANY

Awards
X

StudySmarter - The study app for students

StudySmarter

4.5 Stars 1100 Rating
Start now!
X

Good grades at university? No problem with StudySmarter!

89% of StudySmarter users achieve better grades at university.

50 Mio Flashcards & Summaries
Create your own content with Smart Tools
Individual Learning-Plan

Learn with over 1 million users on StudySmarter.

Already registered? Just go to Login