This is measured ny the area to which the business can offer its products and services
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What is local scope?`
All activities are located within a few miles of the target market, customers or users.
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What is national scope?
This where activities are available throughout the country. If a business operates only across the United Kingdom it is still classed as a national business.
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What is a international scope?
This is were the trade and activities are carried out in one or more countires. This has been made considerably easier since the internet.
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What is multi national scope?
This relates to large companies that manufacture goods and offer services in several different countries all over the world.
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What is size of the business?
The size is usually determinned by the level of current or potential sales or demand, and can be measured by the number of staff involved.
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How many staff are in a micro business?
Up to 9 staff
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How many staff are in a small business?
10 - 49 staff
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How many staff are in a medium business?
50 - 249 staff
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How many staff are in a large business?
250 + staff
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Other cards in this set
Card 2
Front
What is local scope?`
Back
All activities are located within a few miles of the target market, customers or users.
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