Entrepreneurship - 3

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Seller
- a person who sells something

Buyer
- a person who make a purchase

PROBLEM IN A BUSINESS

Shortage
- is a situation in which the demand for a product or service exceeds it's supply in a market.

Location
- the physical space where your business exists.

Competition of products
- good or service that can be sold in profitable quantities on the basis of its price, quality and service.

Price
- to establish a selling price for a product.

Quality
- an essential or distinctive characteristic.

Quantity
- the extent, size or sum of countable or measurable.

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