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Business key terms (Growing the Business (Innovation-the act of creating…
Business key terms
Growing the Business
Innovation-the act of creating new peoducts or processes and developing ideas that are generated from research.
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Dividends-A percentage of a business's profits that is paid to shareholders as a reward for their investment in the business
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Globalisation-When businesses operate on an international scale and gain international influence or power.
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Finite resource-a resource that does not renew itself quickly enought to meet society's consumption.
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