businessstudies 1

POWERPOINT PRESENTATION

OF PLUS ONE BUSINESS STUDIES PRESENTED BY

VI J I LA.E.M

nature and

purpose of business

When a teacher is teaching in a school and gets salary, it is an economic activity but when a teacher is teaching her son/daughter at home, then it is a non-economic activity.

Is an Economic Activity. Involves Goods & services. Includes Sale / Exchange of Goods

and Services. Is dealt on Regular basis. Has Profit Earning Motive. Involves Risk & Uncertainty.

CHARACTERISICS OF BUSINESS

Business may be

defined as an

economic activity

involving the

purchase, production and sale of goods and services with a

motive of earning

profits by satisfying

human needs in society.

An economic activity

Production or procurement of goods and

services

Sale or exchange of goods and

services for the satisfaction of human needs

Dealings in goods and

services on a regular basis

Profit earning

Uncertainty of return

Element of risk

I said you to start a business not to sell my old sarees

…….

Oopss….I thought selling

products is called

business……

Industry•Industry refers to economic activities which are connected with conversion of resources into useful goods.

Commerce•Commerce includes all those activities which are necessary for facilitating the exchange of goods and services.

Business

activitie

s

industry

primary

These industries are

connected with:The

extraction and production of

natural

resources

Reproduction and

development of

living organism

s .

Secondary industry

These industries are

concerned with :

using the materials

extracted at the primary

stage to produce goods

for final consumption of for further processing by

other industrial

units.

Tertiary industry

These industries provide service

facilities.

Primary industry

Extractive

These industries extract or draw out

various products from natural resources.

Farming

Mining

Fishing

Genetic

Genetic means heredity or parentage.

these industries involve breeding or

reproduction of plants and animals.

Cattle

breeding farm

s

Poultry

farms

pisciculture

Lumbering

farming

fishing

Eg.poultry farming

Poultry farming

PISCICULTURE

Secondary industry

Manufacturing industry

These industries convert raw materials or semi-finished products into

finished products.

Analytical industry:

basic

raw material

is analysed

or separate

d into

a number of

products

.

An oil refinery separates crude oil into kerosene, diesel,

petrol.

Synthetical industry: two

or mor

e materials are combined or mixe

d together to

manufacture

a new product.

Cement, soaps, plastics, paints, fertilizers etc.

Processing industry:

involves successive

stages for

manufacturin

g finished products

.

Sugar, paper

Assemblin

g industry: various components or

parts

are brough

t together to

produce a finished product

TV, car, computer, watches etc.

Construction industriesThese industries are engaged in construction of buildings, bridges, roads, dams, canals

etc using the products of extractive and manufacturing

industries like bricks, sand, cement, Iron and steel wires

etc.

ANALYTICAL INDUSTRIES:OIL REFINERY

SYNTHETICAL INDUSTRIES:CEMENT INDUSTRIES

PROCESSING INDUSTRIES:SUGAR INDUSTRY

PAPER INDUSTRIES

INTERNAL EXTERNAL

Wholesale Retail Import Export

Entrepot

TRADE

TRADE

RETAIL TRADE

TRANSPORT WAREHOUSING INSURANCE ADVERTISING PACKAGING BANKING AND FINANCE

AUXILIARIES TO TRADE

WHAREHOUSING

INSURANCE

ADVERTISING

PACKAGING

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