Study

Year 6 Social Science- Companies

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  • What is money?
    Money is a way to pay for goods and services.
  • What are the 4 advertising strategies?
    Exaggeration, repetition, association, and promotions
  • What is a secondary sector?
    These companies make industrial products.
  • Management…
    Organizes and coordinates the departments to achieve objectives of the company.
  • What is one example of consumer rights?
    Consumers have the right to obtain a product in good condition.
  • Marketing…
    Informs consumers about the product.
  • Accounts…
    Manages the costs and income.
  • Production…
    Creates the goods that the company offers.
  • What is advertising?
    Advertising is a way to inform the public about products that companies offer.
  • What are bank cards?
    Plastic cards that have an identification number and microchip.
  • Purchasing…
    Buys the things the company needs to carry out its activity.
  • How do you get money?
    People earn money by working, selling goods, or taking loans.
  • What is cash?
    All banknotes and coins you use daily. (For example: the Euro)
  • What is the tertiary sector?
    A company that provides a service.
  • What are the elements of advertising?
    Transmitter, recipient, message, and communication media.
  • What is a primary sector?
    These companies obtain resources from nature.
  • Human Resources…
    Manages the workers.
  • What are electronic payments?
    We use these to buy and sell goods on the internet (For example: Bitcoin)
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