Business- Formative 1

Beschreibung

Made by María Emilia Terán 5 PAI C
Marí Teran
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Marí Teran
Erstellt von Marí Teran vor etwa 6 Jahre
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Zusammenfassung der Ressource

Business- Formative 1

Anmerkungen:

  • María Emilia Terán  5 PAI C
  1. DEFINITION
    1. Is a desition-making organization involved in process of using inputs to produce goods and provide services
    2. ROLE OF BUSINESS
      1. Combine human, physical and financial resources to create good and services to satisfy needs of people
      2. BUSINESS SECTORS
        1. Secondary sector

          Anmerkungen:

          • Manufacturing or construction products
          1. Tertiary sector

            Anmerkungen:

            • Provide services to the general population
            1. Quaternary sector

              Anmerkungen:

              • Intelectual, knowledge-based activities that generate information
              1. Primary sector

                Anmerkungen:

                • -Extraction -Natural resources
              2. REASONS FOR STARTING UP A NEW BUSINESS
                1. Growth
                  1. Hobbies
                    1. Earnings
                      1. Security
                        1. Autonomy
                          1. Transference and inheritance
                            1. Challenge
                            2. STEPS IN THE PROCESS OF STARTING A BUSINESS
                              1. 1. Write a business plan
                                1. 2. Obtain start-up capital
                                  1. 3. Obtain business registration
                                    1. 4. Open a business bank account
                                      1. 5. Marketing
                                        1. 6. Starting a new business
                                        2. TYPES OF PRODUCTS
                                          1. Consumer goods
                                            1. Products sold to the general public
                                            2. Capital goods
                                              1. Physical products bought by businesses to produce other goods
                                              2. Services
                                                1. Are intangible products provided by business
                                              3. MAIN FUNCTIONS OF BUSINESS
                                                1. Human resources
                                                  1. Operations
                                                    1. Finance and accounts
                                                      1. Marketing
                                                        1. Price
                                                          1. Product
                                                            1. Promotion
                                                              1. Place
                                                            2. FACTOR OF PRODUCTION
                                                              1. Land
                                                                1. Labour
                                                                  1. Capital
                                                                    1. Entrepreneurship
                                                                    2. DIFFERENCES BETWEEN:
                                                                      1. Entrepreneurs
                                                                        1. -Owners and operator of organization
                                                                          1. -Takes sustantial risks
                                                                            1. -Visionary
                                                                              1. -Rewarded with profit
                                                                                1. -Responsability for worforce
                                                                        2. Intrapreneurs
                                                                          1. -Employees of organization
                                                                            1. -Takes medium to high risks
                                                                              1. -Innovative
                                                                                1. -Rewarded with pay
                                                                                  1. -Accountability to the owner
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