Have an account?
Oxfam is a charity that operates in the Third Sector. Identify 2 other Sectors of Economy.
Primary and Secondary
Primary and Tertiary
Private and Public
Private and Third
Give a description of the Private Sector.
Owned by the government on behalf of the taxpayer.
Owned by private individuals who aim to make a profit.
Owned and regulated by the government and aim to raise funds and awareness
Owned by a sole trader
Enterprise is a Factor of Production. Identify the other Factors of Production.
Land, Labour and Country
Primary, Secondary and Tertiary
Private, Public and Third
Land, Labour and Capital
Identify an example of an Entrepreneur.
Outline ways a business can measure customer satisfaction.
Provide high quality products
Train staff well
Identify the aims of a charity.
To make profit
To satisfy customers
To raise funds and awareness
This external factor looks at the trends and beliefs of the customer.
Identify an internal stakeholder.
Banks and lenders
Give an influence of an employee.
They can shop elsewhere
They want job satisfaction and good working conditions
They can take industrial action e.g. strike
They can provide a poor service to the customer
Identify an internal factor of an organisation.
Which of the following images would come under the 'Environmental' heading in PESTEC?