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1.2 Classification of Business

Course Content
Intro – Arabic Version
0/1
Intro – Arabic Version
05:28
Intro – French Version
0/1
Intro – French Version
03:44
Business O-Level : Notes Pack
0/94
Chapter 1 : Understanding business activity
1.1 Business Activity
1.1.1 The purpose and nature of business activity
04:42
1.2 Classification of Business
1.2.1 Economic Sectors: Primary, Secondary and Tertiary
03:07
1.2.2 Private and Public Sectors in a Mixed Economy
03:26
1.3 Enterprise, Business Growth and Size
1.3.1 Enterprise and Entrepreneurship
05:14
1.3.2 Measuring Business Size
04:38
1.3.3 Why some Businesses Grow or Remain Small
04:15
1.3.4 Why Some Businesses Fail
03:34
1.4 Types of Business Organization
1.4.1 Features of Different Forms
04:08
1.5 Business Objectives and Stakeholder Objectives
1.5.1 Business Objectives and their Changing Importance
03:48
1.5.2 Stakeholder Roles and Objectives
03:52
1.5.3 Objectives of Private vs Public Enterprises
03:22
Chapter 2 : People in Business
2.1 Motivating Employees
2.1.1 Importance of Motivation
04:16
2.1.2 Methods of motivation
04:08
2.2 Organization and Management
2.2.1 Organizational Charts
03:46
2.2.2 Role of Management
03:44
2.2.3 Leadership Styles
03:52
2.2.4 Trade Unions
03:54
2.3 Recruitment, Selection and Training
2.3.1 Recruitment and Selection
04:23
2.3.2 Importance and Methods of Training
04:21
2.3.3 Workforce Reduction
03:32
2.3.4 Legal Controls over Employment
03:55
2.4 Internal and External Communication
2.4.1 Importance and Methods of Communication
05:12
2.4.2 Communication Barriers
03:58
Chapter 3 : Marketing
3.1 Marketing, Competition and the Customer
3.1.1 Role of Marketing
02:38
3.1.2 Market Changes
04:06
3.1.3 Niche vs Mass Marketing
02:42
3.1.4 Market Segmentation
03:58
3.2 Market Research
3.2.1 Role and Methods of Research
03:52
3.2.2 Presentation and Use of Results
03:48
3.3 Marketing Mix
3.3.1 Product
04:10
3.3.2 Price
03:47
3.3.3 Place – Distribution
03:37
3.3.4 Promotion
04:29
3.3.5 Technology and the Marketing Mix
05:58
3.4 Marketing Strategy
3.4.1 Justify Marketing Strategies
05:48
3.4.2 Legal Controls in Marketing
04:48
3.4.3 Entering Foreign Markets
05:48
Chapter 4 : Operations management
4.1 Production of Goods and Services
4.1.1 Meaning of Production
06:03
4.1.2 Methods of Production
03:00
4.1.3 Impact of Technology
05:05
4.2 Costs, Scale of Production and Break-even
4.2.1 Identify and Classify Costs
04:15
4.2.2 Economies and Diseconomies of Scale
05:20
4.2.3 Break-Even Analysis
05:04
4.3 Achieving Quality Production
4.3.1 Importance and Methods of Quality Control
05:04
4.4 Location Decisions
4.4.1 Factors Affecting Location
05:32
Chapter 5 : Financial information and decisions
5.1 Business Finance : Needs and Sources
5.1.1 Why Businesses need Finance
03:08
5.1.2 Sources of Finance
04:13
5.2 Cash-flow Forecasting and working Captial
5.2.1 Importance of Cash and Forecasting
02:53
5.2.2 Working Capital
04:05
5.3 Income Statements
5.3.1 Profit and its Importance
03:39
5.3.2 Income Statements
03:48
5.4 Statement of Financial Position
5.4.1 Main Elements
04:29
5.4.2 Interpreting a Statement
05:18
5.5 Analysis of Accounts
5.5.1 Profitability
05:18
5.5.2 Liquidity
03:53
5.5.3 Interpreting Performance
04:40
5.5.4 Use of Accounts
03:58
Chapter 6 : External influences on business activity
6.1 Economic Issues
6.1.1 Business Cycle
03:50
6.1.2 Government Economic Control
04:12
6.2 Environmental and Ethical Issues
6.2.1 Environment and Ethical Concerns
03:46
6.3 Business and the International Economy
6.3.1 Globalisation
04:51
6.3.2 Multinational Companies (MCNs)
05:51
6.3.3 Exchange Rate Changes
04:11
BUSINESS 7115 : O-LEVEL : Notes Pack

1.2 Classification of Business

Here, students learn how businesses are classified into primary, secondary, and tertiary sectors based on their activities. The section also explains the role of these sectors in a country’s economic development and how their relative importance changes over time as economies grow and evolve.

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