businessstudies 1
TRANSCRIPT
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
THANK YOU