BUSINESS STUDIES TERM 1

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chapter 1

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Business Studies Term 1

Globalisation

Protectionism

Standard Requirements

Embargo

Quota

Tarrif

Economic Effect

Exporting

Drivers of Globalisation

Reasons for Globalisations

Multinational Companies

Sources of Finance

Hire Purchase

Factoring

Leasing

Trade Credit

Overdraft

Franchises

Franchisee

Franchisor

Economies of Scale

Managerial

Marketing

Financial

Technical

Bulk Buying

Ethics & Social Responsibility

Benefits

Company Structure

Flat

Tall

SWOT Analysis

Threats

Opportunites

Weaknesses

Strength

Business Objectives

Aims

Strategies

Vision Statement

Mission Statement

Stakeholders

External

Internal

Forms of Ownership

Trust Company

Private

Incorporated

Unincorporated

Sole Traders

Industrial Sectors

Quinary

Quatenary

Secondary

Primary