1. Business Structure and Finance – Identifying features of private sector businesses, reasons for remaining small, and sources of short-term and long-term finance. 2. Economic Impact on Business – Explaining how an economic recession can affect a business and ways to increase added value. 3. Production and Market Expansion – Understanding batch production, inventory management, and strategies for entering new markets through joint ventures and licensing. 4. Ethical Business Practices – Evaluating the benefits and drawbacks of operating an ethical business and its impact on profitability and reputation. 5. Financial Performance and Stakeholders – Interpreting financial statements, current assets and liabilities, and conflicts between profit-driven objectives and stakeholder interests. 6. Human Resource Management – Discussing recruitment, induction training, leadership styles, and potential diseconomies of scale in business expansion.