Forms of sustaiability - Study guides, Class notes & Summaries

Business Management [IB] 1.1 Key Terms-Questions and Answers Graded A+ Business - ANSWER-A decision making organization involved in the process of using inputs to produce products. Inputs are the resources that business uses in the production process like labour and raw materials. Capital goods (Producer goods) - ANSWER-Are physical products bought by businesses to produce other goods and/or services. Examples including machinery or tools. Needs & Wants - ANSWER-Needs are the basic e...