UNIT 1: Different types businesses

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  • Business activity
    • TERTIARY
    • SECONDARY
    • PRIMARY
    • Different types of businesses & their objectives
      • Sectors of operation
        • PRIVATE
        • THIRD SECTOR
        • PUBLIC
      • Legal Business Ownership
        • SOLE TRADER
        • PARTNERSHIP
        • PRIVATE LIMITED COMPANY
        • PUBLIC LIMITED COMPANY
        • STATE/GOVERNMENT OWNED
        • CHARITY/NOT-FOR-PROFIT
        • COMMUNITY INTEREST COMPANIES
      • Factors which inform business ownership
        • LIABILITY
        • LEGAL STATUS
        • FUNDING
        • CONTROL/DECISION-MAKING
      • Business Aims and objectives
        • SURVIVAL
        • FINANCIAL
          • BREAK-EVEN
          • INCREASE REVENUE
          • REDUCE COSTS
          • MAKE PROFIT
        • GROWTH
        • REPUTATION- E.G- quality
        • BEING ENTERPRISING- E.G- competitive

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