Topic 1: Business Activity mind maps revision bundle
CAIE A-Level Business
Topic 1 Business Activity
Mind maps include:
Added value
Business planning
Business success and failure
Business objectives
Changes in business objectives
CSR and the triple bottom line
Dynamic business environment
Economic activity
Economic sectors
Entrepreneurial challenges
Entrepreneurial skills
Intrapraneurship
Factors of production
Financial objectives
Non-financial objectives
Franchise and cooperatives
Organic growth
Inorganic growth
Local, national, international, MNC
Ltd and Plc
Measurement of a business
Nature of a business
Private and public sectors
Small businesses, pros and cons
Role of small business
SMART objectives
Social enterprise
Sole trader and partnership
Stages in decision-making
Stakeholders
Takeover and mergers