Aspects of Phase 1 General and Functional Companies

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Aspects of Phase 1 General and Functional Companies by Mind Map: Aspects of Phase 1 General and Functional Companies

1. Organizational Chart

1.1. Hierarchical Structure

1.2. Roles and Responsibilities

1.3. Reporting Relationships

2. Business Environment

2.1. Internal Environment

2.1.1. Resources

2.1.2. Culture

2.2. External Environment

2.2.1. Economic

2.2.2. Legal

2.2.3. Technological

2.2.4. Social

3. Functions of Business

3.1. Operations

3.1.1. Day to day activities and processes involved in production.

3.2. Marketing

3.2.1. Promoting and selling products or services.

3.3. Finance

3.3.1. Management of financial resources and investments.

3.4. Human Resources

3.4.1. Hiring, training, and managing employees.

4. Business Objectives

4.1. Profit Maximization

4.2. Growth and Expansion

4.3. Social Responsibility

4.4. Market Share

5. Realizado por: Angelica Maria Nova Naranjo- UNAD

6. Nature of Business

6.1. The activity of making, buying or selling goods or services for profit.

6.1.1. purpose

6.1.1.1. To meet the needs and wants of customers.

6.1.2. Characteristics

6.1.2.1. Profit oriented and continuous innovation.

6.1.2.2. Non Profit Providing societal benefits.

6.2. Business Activities

6.2.1. Primary Sector

6.2.1.1. Extraction of resources

6.2.2. Secondary Sector

6.2.2.1. Manufacturing and construction

6.2.3. Tertiary Sector

6.2.3.1. Services

6.2.4. Quaternary Sector

6.2.4.1. Knowledge and IT

6.3. Business Models

6.3.1. Product-Based

6.3.1.1. Selling physical goods

6.3.2. Service-Based

6.3.2.1. Providing services

6.3.3. Mixed

6.3.3.1. Combining products and services

7. Classification of Businesses

7.1. By Ownership

7.1.1. The owner has complete control over all business decisions and operations.

7.2. Sole Owner

7.2.1. Owned and managed by a single individual.

7.3. Partnership

7.3.1. Owned and operated by two or more people.

7.4. Corporation

7.4.1. Legal entity separate from its owners

8. By Size

8.1. Small

8.1.1. Local markets, few employees.

8.2. Medium

8.2.1. Regional or national markets, more employees.

8.3. Large

8.3.1. International presence, extensive resources.

9. By Industry

9.1. Manufacturing

9.1.1. Production of goods.

9.2. Retail

9.2.1. Selling products directly to consumers.

9.3. Service

9.3.1. Providing services to clients.