Types of Businesses

• Online - using the internet
• On-demand - uses technology to assist customers conveniently, e.g Uber Eats
• Micro - Large:

  • Micro - less than 5 employees (e.g babysitters)
  • Small - 5 to 19 employees (e.g electronics repairs)
  • Medium - 20-199 employees (e.g retail stores)
  • Large - 200 or more employees (usually operate on a national or global scale - e.g Amazon)"
• Global - a large company that has multiple branches in different companies.
• Government - a business that is owned and operated by the government
• Not for profit:

  • a business that serves the community without earning profit
  • Services managed through donations/earning + recieves tax concession to pay less tax.
• Offshore:

  • a business that has its production in a different country (often a developing country to take advantage of cheaper production costs and savings)
  • under large pressure to ensure their employees in developing countries are not exploited by unethical businesses