1. Describe what economic sector your selected business is in. Discuss why you think it is
in this sector.
• What scale and type of business is it?
• What is its Business purpose? (link generally and specifically to your
Business example)
2. What form of ownership does your business have?
• With examples, what are the main advantages and disadvantages of
this?
3. What is enterprise? Explain in your own words.
• Why is entrepreneurship important? Please give examples.
4. What are your businesses main aims and objectives?
• Why are these important?
• Are they achieving these objectives?
• If yes explain how?
• If not explain why?
5. What external factors affect your business in the Business environment?
• What impact can this have on your business?
6. What structure does your business have? Use organisational charts.
• Describe the 3 functional areas of your chosen business.
• What are the main responsibilities of these departments?
• Link to your business example.
7. What management hierarchy does your Business utilise?
• In what ways do they motivate and lead their staff?