1.1
What is a business?
Inputs and outputs, Business functions, Economic sectors, Entrepreneurship, Start-up risks and opportunities
1.2
Types of business entities
Private and public sectors, Legal status, Liability, Ownership, Social enterprises, NGOs
1.3
Business objectives
Vision, Mission, Strategic objectives, Tactical objectives, CSR, Ethics
1.4
Stakeholders
Internal stakeholders, External stakeholders, Stakeholder interests, Conflict, Mutual benefit
1.5
Growth and evolution
Economies of scale, Diseconomies of scale, Internal growth, External growth, Mergers and acquisitions, Franchising
1.6
Multinational companies (MNCs)
Globalization, host countries, stakeholder impacts, ethics, sustainability
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