Topic 1 | Nature of business
Sub topic 2: Types of business
Lesson 1 | Classification of businesses - size and location
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Classification of business
– size – small to medium enterprise (SMEs), large -
Discuss the global expansion of one Australian business
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Discuss the expansion into Australia of one global business
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Distinguish between the different types of businesses
Lesson 2 | Classification of business: Types of industries
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Explain how changes in external influences have contributed to the growth of the tertiary, quaternary and quinary industries in Australia
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Distinguish between the different types of business
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Classification of business
– industry – primary, secondary, tertiary, quaternary, quinary
Lesson 3 | Classification of business - legal structure
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Distinguish between the different types of businesses
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Classification of business
– legal structure – sole trader, partnership, private company, public company, government enterprises
Lesson 4 | Factors influencing choice of legal structure
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Factors influencing choice of legal structure
– size, ownership, finance