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