Business Studies Term 1

Industrial Sectors

Primary

Secondary

Quatenary

Quinary

Forms of Ownership

Sole Traders

Unincorporated

Incorporated

Private

Trust Company

Stakeholders

Internal

External

Business Objectives

Mission Statement

Vision Statement

Strategies

Aims

SWOT Analysis

Strength

Weaknesses

Opportunites

Threats

Company Structure

Tall

Flat

Ethics & Social Responsibility

Benefits

Economies of Scale

Bulk Buying

Technical

Financial

Marketing

Managerial

Franchises

Franchisor

Franchisee

Sources of Finance

Overdraft

Trade Credit

Leasing

Factoring

Hire Purchase

Globalisation

Multinational Companies

Reasons for Globalisations

Drivers of Globalisation

Exporting

Economic Effect

Protectionism

Tarrif

Quota

Embargo

Standard Requirements