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Nature of Business

Beschreibung

Business Studies
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Zusammenfassung der Ressource

Nature of Business
  1. Business growth and decline
    1. Stages of the business life cycle
      1. Establishment
        1. Growth
          1. Maturity
            1. Post-maturity
          2. Role of Business
            1. The nature of business
              1. Producing goods and services
                1. Profit
                  1. Employment
                    1. Incomes
                      1. Choice
                        1. Innovation
                          1. Entrepreneurship and risk
                            1. Wealth and quality of life
                          2. Types of businesses
                            1. Classification of business
                              1. Size
                                1. Small to medium enterprises (SMEs)
                                  1. Large
                                    1. Micro Business
                                    2. Local, national, global
                                      1. Industry - primary, secondary, tertiary, quaternary, quinary
                                        1. Legal Structure
                                          1. Sole Trader
                                            1. Partnership
                                              1. Private Company
                                                1. Public Company
                                              2. Factors influencing choice of legal structure
                                                1. Size, ownership, finance
                                              3. Influences in the business environment
                                                1. External Influences
                                                  1. Economic
                                                    1. Political
                                                      1. Institutional
                                                        1. Market
                                                          1. Financial
                                                            1. Geographic
                                                              1. Social
                                                                1. Legal
                                                                  1. Technological
                                                                    1. Competitive situation
                                                                    2. Internal Influences
                                                                      1. Products
                                                                        1. Location
                                                                          1. Resources
                                                                            1. Management
                                                                              1. Business Culture
                                                                              2. Stakeholders
                                                                                1. Managers
                                                                                  1. Customers
                                                                                    1. Employees
                                                                                      1. Environmenrs
                                                                                        1. Shareholders
                                                                                          1. Society/general public
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