Why Does A Business Exist?

Business Categories According To Economic Sectors

Define Mission Statement

SMART

Common Objectives

Benefits Of Setting Objectives

Profit Equation

Total Costs

Revenue

Total Variable Costs Equation

Define Profitability

Private Sector Busiensses

Sole Traders

Benefits Of Being A Sole Trader

Drawbacks Of Being A Sole Trader

Define Unlimited Liability

Public Limited Companies (PLC) Legal Status

Benefits Of Being A PLC

Drawbacks Of Being A PLC

Define Market Capitalisation

Define Limited Liability

Private Limited Companies (LTD) Legal Status

Benefits Of Being A LTD

Drawbacks Of Being A LTD

Benefits Of Profit

Define Aims

Define Objectives

Companies

Role of Shareholders

Influences On Share Prices

Significance Of Share Price

Positive Effects Of The External Environment

Negative Effects Of The External Environment