AS Level Business - Cambrisge syllabus (0969)
This powerpoint covers all the necessary criteria for topic
1.1.1 The nature of business activity
• the purpose of business activity
• the factors of production needed for business activity: land, labour, capital and enterprise
• the concept of adding value
• the nature of economic activity, the problem of choice and opportunity cost
• the dynamic business environment
• why businesses succeed or fail
• differences between local, national, international and multinational businesses
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