What is Business Studies?
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We review the 3 types of economic systems: planned, free market and mixed
We review the 3 types of economic systems: planned, free market and mixed; We discuss the mixed and free market economy.
We identify the 3 types of economic systems: planned, free market and mixed; We discuss the planned or command economy.
Types of goods and services
We identify 3 types of business ownership: sole proprietors, partnerships and companies
We can identify 3 types of business ownership: sole proprietors, partnerships and companies; We understand the advantages and disadvantages of the sole trader.
We identify the 3 types of economic systems: planned, free market and mixed
Learn how different documents are used to represent different transactions.
Functions of the R&D Department, prototype, test-run, types of research: basic, applied, operational; some exam techniques.