Page 7 - Microsoft Word - 00 ACCA F1 Notes Prelims.docx

Chapter 1

The business organisation

Outcome

By the end of this session you should be able to:

 define ‘business organisations’ and explain why they are formed

 describe common features of business organisations

 outline how business organisations differ

 list the industrial and commercial sectors in which business organisations
operate

 identify the different types of business organisation: commercial, not-for-profit,
public sector, non-governmental organisations, co-operatives

and answer questions relating to these areas.

The underpinning detail for this Chapter in your Notes can be found in
Chapter 1 of your Study Text

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