26568646
Description
Mind Map by Marí Teran, updated more than 1 year ago
|
Created by Marí Teran
almost 6 years ago
|
|
Business- Formative 1
Annotations:
- María Emilia Terán 5 PAI C
- DEFINITION
- Is a
desition-making
organization
involved in
process of
using inputs to
produce goods
and provide
services
- Is a
desition-making
organization
involved in
process of
using inputs to
produce goods
and provide
services
- ROLE OF BUSINESS
- Combine human,
physical and
financial
resources to
create good and
services to
satisfy needs of
people
- Combine human,
physical and
financial
resources to
create good and
services to
satisfy needs of
people
- BUSINESS SECTORS
- Secondary sector
Annotations:
- Manufacturing or construction products
- Tertiary sector
Annotations:
- Provide services to the general population
- Quaternary sector
Annotations:
- Intelectual, knowledge-based activities that generate information
- Primary sector
Annotations:
- -Extraction -Natural resources
- Secondary sector
- REASONS
FOR
STARTING
UP A
NEW
BUSINESS
- Growth
- Hobbies
- Earnings
- Security
- Autonomy
- Transference
and inheritance
- Challenge
- Growth
- STEPS IN
THE
PROCESS
OF
STARTING A
BUSINESS
- 1. Write a business plan
- 2. Obtain start-up capital
- 3. Obtain business registration
- 4. Open a business bank account
- 5. Marketing
- 6. Starting a new business
- 1. Write a business plan
- TYPES OF
PRODUCTS
- Consumer goods
- Products sold to
the general public
- Products sold to
the general public
- Capital goods
- Physical products
bought by businesses
to produce other goods
- Physical products
bought by businesses
to produce other goods
- Services
- Are intangible
products provided
by business
- Are intangible
products provided
by business
- Consumer goods
- MAIN FUNCTIONS
OF BUSINESS
- Human resources
- Operations
- Finance and accounts
- Marketing
- Price
- Product
- Promotion
- Place
- Price
- Human resources
- FACTOR OF
PRODUCTION
- Land
- Labour
- Capital
- Entrepreneurship
- Land
- DIFFERENCES
BETWEEN:
- Entrepreneurs
- -Owners and
operator of
organization
- -Takes sustantial
risks
- -Visionary
- -Rewarded
with profit
- -Responsability
for worforce
- -Responsability
for worforce
- -Rewarded
with profit
- -Visionary
- -Takes sustantial
risks
- -Owners and
operator of
organization
- Intrapreneurs
- -Employees of
organization
- -Takes medium
to high risks
- -Innovative
- -Rewarded with pay
- -Accountability to
the owner
- -Accountability to
the owner
- -Rewarded with pay
- -Innovative
- -Takes medium
to high risks
- -Employees of
organization
- Entrepreneurs
Want to create your own Mind Maps for free with GoConqr? Learn more.