A1: Features of Business Organisations

Every single business that exists has its own set of unique features which could also be referred to as characteristics. The core features of any business typically encompass:

The ownership and liability of the business.

The purpose of the business.

The sector the business operates within.

The size of the business.

The scope of business activities.

Use the links above to explore the features of business organisations.

Workbook Activity 1: Exploring the features of a business in the real world

Now that we have explored the theory about the features of business...it's time to take your knowledge out of the textbook and explore how it applies to businesses in the real world! For this task you need to:

Select two contrasting businesses.
Use your knowledge about the features of business to complete the table below in your workbook.

3. Now you have completed the table above, you are now required to make clear comparisons between your two chosen business. Ensure you clearly explain the key differences in relation to their features identified in the table above.

Your end result should look something like the example below:

Exemplar Response

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