Summary
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Key facts of the chapter in a mind map. A one pager to introduce what is covered in the chapter.
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Public Sector - Business Quinary sectorowned by government to
provide collective goods and
services Formal sector - businesses
administered according to
Quaternary sector
Business World national laws, pay taxes and
Private sector - established contribute to GDP.
by entrepreneurs with the Tertiary sector
aim of satisfying customer
needs and wants. Informal Sector - Does not
pay taxes and is not included Secondary sector
in GDP. Is also beneficial for
land.
Primary sector
Micro Micro
Business Business Business
Resources Structure environ-
functions Policy culture
ment
Analysis SWOT - only strengths
instruments and weaknesses
External to Supplier
business -
management has Consumers
little to no control
Competition
Elements in
Market Strategic
Business Environment environment
market
alliances
Intermediaries
Analysis NGO's
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