Unit 1: Business organization and environment Detailed notes 1.1 What is a business? 1.2 Types of business entities 1.3 Business objectives 1.4 Stakeholders 1.5 Growth and evolution ○ Internal vs external growth 1.6 Multinational companies (MNCs) Unit 1 Key Terms

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Notes based on a combination of the following books:
Lominé, L., Muchena, M., & Pierce, R. A. (2022). Business management course companion (2022 ed.). Oxford University Press.
Atkins, P., Opfer, B., & Navaid, H. (2023). Business management for the IB diploma. Pearson Education Limited.