| | | Foundation Level | General Level* | Credit Level* |
| 1.1 | What do businesses do? | - goods and services - difference between small & large businesses - charities | - range of goods and services - private, public, government, voluntary sectors - primary, secondary, tertiary business sectors | - satisfaction of wants - production and consumption - creating wealth |
| 1.2 | Why do businesses exist? | - enterprise - profit - charity - public service | - concept of entrepreneurship - aims of business (relative to different types of organisation) and stakeholders | - risk taking - social costs and benefits - economic costs and benefits |
| 1.3 | How are businesses organised? | - simple organization structures - 4 functional areas | - different organization structures - impact of size on structure - line relationships | - span of control - functional relationships - difference between authority and responsibility |
Saturday 3 February 2007
Area of Study 1: What is business?
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1 comment:
Thanks for sharing such a nice information here, really helpful for me.
business management
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