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Need
Want
Economic problem
Factors of production
Scarcity
Opportunity cost
Division of labour
Businesses
Added value
Primary sector
Secondary sector
Tertiary sector
De-industrialisation
Mixed economy
Capital
Entrepreneur
Business plan
Capital employed
Internal growth
External growth
Integration
Merger
Takeover/acquisition
Horizontal integration
Vertical integration
Conglomerate Integration / Diversification
Sole trader
Limited liability
Unlimited liability
Partnership
Partnership agreement
Unincorporated business
Incorporated Businesses
Shareholders
Annual general meeting
Dividends
Joint venture
Franchise
Business objectives
Profit
Market share
Social enterprise
Stakeholder
