Business Activity

Get Started. It's Free
or sign up with your email address
Rocket clouds
Business Activity by Mind Map: Business Activity

1. purpose and nature of business activity

1.1. Need

1.2. Want

1.3. Scarcity

1.3.1. Land

1.3.2. Labour

1.3.3. Capital

1.3.4. Enterprise

1.4. Opportunity cost

1.5. Specialization

1.6. Division of Labour

1.7. Added value

2. Classification of business activities

2.1. Economic sector levels

2.1.1. Relating to trades

2.1.2. Relating to industries

2.1.3. Relating to money management to make profit

2.1.4. Primary Sector

2.1.5. Secondary sector

2.1.6. Tertiary Sector

3. Mixed Economy

3.1. Private Sector Advantages and Disadvantages - Objectives

4. Enterprise and Entrepreneurship

4.1. Entrepreneur definition and characteristics

4.2. Business plan definition, needed for, inclusions, advantages

4.3. Government support for new business

5. measuring and problems of measuring business size

5.1. Value of output

5.2. value of sales

5.3. number of employees

5.4. value of capital employed

6. Business growth

6.1. Why

6.2. Ways

6.2.1. internal growth

6.2.2. External growth

6.2.2.1. Horizontal integration

6.2.2.2. vertical integration

6.2.2.3. joint venture

7. Business Failure !

8. Feature of different forms of business

8.1. Unincorporated business

8.1.1. Sole trader

8.1.2. Partnership

8.2. Incorporated business

8.2.1. Private Limited company LTD

8.2.2. Public Limited Company PLC

8.2.3. Shareholders

8.2.4. Franchising

8.3. Unlimited Liability

8.4. Limited liabilities

9. Business Objectives and stockholders

9.1. Business Survivl

9.2. Profit

9.3. Growth

9.4. Return To hare holders

9.5. Market Share

9.6. providing service for society

10. Stakeholders

10.1. List

10.1.1. Internal Stakeholders

10.1.1.1. Owners

10.1.1.2. Workers

10.1.1.3. Mangers

10.1.2. External stakeholders

10.1.2.1. Consumers

10.1.2.2. Government

10.1.2.3. community