Introduction to Business Activity - How are Businesses Classified?
In business we often classify things to help make things easier to understand. We might classify a business in relation to what it does, its size, its objectives (what it wants to achieve) and where it is based and operates.
The word search below contains some of the terms relating to these classifications - see if you can find them.
- Small business
- Public sector
- Private sector
Have you had a go? Now take a look at the solution...
Now you have found all the classifications, go to the glossary and see how many definitions of these words you can find and cut and paste them into a Word document. Keep this Word document safely - they will form part of your notes to revise from at a later stage.
Look carefully at the definitions and go back and look at the images of the different businesses.
Now copy and paste the image of the business into your document and type in the classifications you think are relevant to that business. For example, if you think the hotel is a regional service selling goods in the primary sector then set out the answer as follows:
Primary, goods, regional