Main topics of study:

The Nature of Business Activity:

• What is Business Activity?
• Enterprise & the Entrepreneur
• Enterprise & the Factors of Production
• What Entrepreneurs Do

The Environment in which Businesses Operate:

• Business Environment
• Law
• The Economic Environment of Business
• Scarcity & Choice
• Cost & Opportunity Cost

The Objectives of Business:

• Profits & Survival
• Profits & Expansion
• Primary, Secondary & Tertiary Production
• Private Sector Activity
• Public Sector Activity
• The Interdependence of Businesses

Money & Business Activity:

• The Nature of Money
• The Qualities of Money
• Wants & Economies
• Money & Economies

Reading List

Main Text:

Business Studies - G Whitehead (Butterworth Heinemann)