1.1 Business activity
1.1.1 The purpose and nature of business activity:
1.2 Classification of businesses
1.2.1 Business activity in terms of primary, secondary and tertiary sectors:
1.2.2 Classify business enterprises between private sector and public sector in a mixed economy
1.3 Enterprise, business growth and size
1.3.1 Enterprise and entrepreneurship:
1.3.2 The methods and problems of measuring business size:
1.3.3 Why some businesses grow and others remain small:
1.3.4 Why some (new or established) businesses fail:
1.4 Types of business organisation
1.4.1 The main features of different forms of business organisation:
1.5 Business objectives and stakeholder objectives
1.5.1 Businesses can have several objectives – and the importance of these can change:
1.5.2 The role of stakeholder groups involved in business activity:
1.5.3 Demonstrate an awareness of the differences in the aims and objectives of private sector and public sector enterprises
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