• 1. 

    Drag each key term to the correct definition

    • Brand leader

    • Competitive advantage

    • Market

    • Monopoly

    • Product differentiation

    • Social responsibility

    • Stakeholder

    • Social media

    • Open innovation

    • Market share

    • Ethics

    • Competition

    • Brand

      a. 

      The brand in the market with the highest market share

        b. 

        A point of difference or superiority held over a business' competitors

          c. 

          Any place where the sellers of a particular good or service can meet with the buyers of that good and service and where there is potential for a transation to take place

            d. 

            A market containing a single business

              e. 

              The way products are developed and advertised with unique selling points to make them appear different from others on the market

                f. 

                The accountability of a business towards its stakeholdesr; the idea that businesses should contribute to the welfare of their community

                  g. 

                  An individual or group that has a direct or vested interest in the activities of a business

                    h. 

                    Websites, applications and platforms that allow users to create and share content

                      i. 

                      A concept that encourages utilising external and internal knowledge by sharing knowledge

                        j. 

                        The percentage of total sales in a market held by one brand or business

                          k. 

                          A set of moral principles that a business needs to establish and follow

                            l. 

                            The rivalry that occurs among sellers in their desire to sske and satisfy a market

                              m. 

                              The distinguishing name, term, symbol or design used to identify a manufacturer's product