Other Organisations That Form Part of the Market Environment (Grade 10 NSC Matric Business Studies): Flashcards
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Characteristic of other organisations
Characteristic of other organisations
Don't charge for services; focus on helping people
CBO full form
CBO full form
Community-Based Organisation
CBOs' main goal
CBOs' main goal
Help communities become self-sufficient
Non-profit meaning
Non-profit meaning
Don't make money for owners; income goes to programmes
What drives NGOs
What drives NGOs
Concern for welfare of others; improving lives
Regulators' purpose
Regulators' purpose
Ensure businesses behave fairly and follow rules
What unions represent
What unions represent
Workers' rights and interests
Union industrial action types
Union industrial action types
Strikes and go-slows
Strategic allies definition
Strategic allies definition
Businesses working together combining resources
Socio-economic development
Socio-economic development
Improving social (education/health) & economic (jobs) conditions