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1.1 Introduction to business management

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Description

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Directly related questions


Sub sections and their related questions

The role of businesses in combining human, physical and financial resources to create goods and services

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The main business functions and their roles (human resources, finance and accounts, marketing, operations)

Primary, secondary, tertiary and quaternary sectors

The nature of business activity in each sector and the impact of sectoral change on business activity

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The role of entrepreneurship (and entrepreneur) and intrapreneurship (and intrapreneur) in overall business activity

Reasons for starting up a business or an enterprise

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Common steps in the process of starting up a business or an enterprise

Problems that a new business or enterprise may face

The elements of a business plan