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Business Studies Preliminary Notes all Topics

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Complete business study notes covering all the syllabus dot points, with proper definitions and diagrams etc

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24 Pages Complete Study Notes 1-2 Years old
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5 Ex Credits


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Topics this document covers:
Economy Business Entrepreneurship Business models Marketing mix Marketing Small business Sales Pricing Inventory Target market Corporate finance
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

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Topics this document covers:
Economy Business Entrepreneurship Business models Marketing mix Marketing Small business Sales Pricing Inventory Target market Corporate finance
Sample Text:
siness Organisation that produces/provides goods/services to consumers, satisfying their wants and needs in exchange/aim for a profit Good Tangible (can physically touch product) Service Intangible (unable to be touched/does not have physical presence) Production Profit What remains after all business expenses have been deducted from sales revenue; - Provides return on investment - Essential for success - Provides wealth for owner - Provides tax income for government Employment Number of employees depends on nature of products and number of customers who wish to purchase the product Incomes Business provides income; amount of money received for providing a labour Business receives income from sale of its products (sales revenue) and generate income for; - Employees (wages/salaries) - Business owners (profit) - Shareholders (dividends) Choice Consumers have freedom of choice/o...
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