Copy and Edit

Nature of Business

Description

Business Studies
Dawson169
Mind Map by Dawson169, updated more than 1 year ago
Dawson169
Created by Dawson169 over 10 years ago
159
2
0

Resource summary

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

                                                                                        Want to create your own Mind Maps for free with GoConqr? Learn more.

                                                                                        Similar

                                                                                        Exemplary Assignment Answers
                                                                                        jjanesko
                                                                                        Subh Milis le Seamus O Neill
                                                                                        l.watters97
                                                                                        AS Psychology Unit 1 & 2 (Edexcel)
                                                                                        AnthonyElikwu
                                                                                        English Language Terms
                                                                                        ekimlauretta
                                                                                        An Inspector Calls: Sheila Birling
                                                                                        Rattan Bhorjee
                                                                                        Utilitarianism
                                                                                        ellie.blythe
                                                                                        PSBD TEST # 3_1
                                                                                        Suleman Shah
                                                                                        Biology -B2
                                                                                        Sian Griffiths
                                                                                        Chapter 1 Concept Map
                                                                                        Jennifer Brooks
                                                                                        MAPA MENTAL
                                                                                        blanca beatriz m
                                                                                        Dr Jekyll and Mr Hyde
                                                                                        rachel allan
                                                                                        Browse Library