This document provides an overview of business and related topics. It discusses the definition of business as an economic activity involving production or distribution of goods and services to earn profits. It notes that the major type of business in India is service industry, such as entertainment, banking, and call centers. It also describes the three main industrial sectors - manufacturing, which produces goods; trade, which distributes goods; and service industry. Within manufacturing it discusses important industries like engineering, process, textile, chemical, and agro-industries. The document also briefly outlines globalization and its impacts, both positive like wider opportunities and negative like loss of local businesses. Finally, it defines the five types of intellectual property rights - copyright, patents,

1. SHREE RAMKRISHNA INSTITUTE OF
SCIENCE & TECH.
PRESENTED BY:~
Abhinandan kumar
Dept- Mechanical eng.
Semester- 6th
Roll- 12
Section- A
Topic- Overview of Business

2. ➢ What is business? And types of business.
Business is an economic activity involving the regular production or
distribution of goods and services with the objective of earning
profits through the satisfaction of human wants.
Service industry is the major type of business running in India.
Examples – entertainment, consultancy, banking,
telecommunication, call centres, KPO, etc.Service is different
from manufacturing and trading of goods.
In manufacturing, the items are produced using raw materials
with the help of different engineering process and
technologies.Other business depend on manufacturing. Hence
it is very important. Example- machines, automobiles,
stationary, etc.
These enterprises are concerned with the distribution of
products i.e. sale of products , distribution, transfer, exchange
of goods to business houses as well as consumers.Trading
enterprises may be found operating in form of Wholesale,
Retail, Import and export, Investment trusts, etc.
SERVICE
MANUFACTURING
TRADE

3. ➢ INDUSTRIAL SECTOR.
Engineering industry mainly deals with:- Design, Manufacture,
Operations of structures, machines, or devices.
Eng. Industry
Process Industry
The process industries do different processes on the raw material to
produce the final product.The process could be either continuous or occur
on a batch of materials.Examples:- Paper,Coal, Rubber, Plastics, etc.
Textile industry deals with design and manufacturing of clothing
products.Indian textile industries are one of the leading in the world.It
includes following sectors:- Cotton, Jute, Sericulture,
Textile Industry
Chemical Industry
This industry includes wholesale distributors of chemicals and allied
products. Chemical industry products include acids, industrial and heavy
chemicals, dyestuffs
It deals with supply, processing and distribution of farm products. It also
includes post harvest activities like large-scale production, processing
and packaging of food etc.
Agro. Industry

4. Higher Standards of Living Across the Globe.
Consumers to get much wider variety of products to choose from.
Businesses and investors get much wider opportunities for
investment.
Lack of local businesses.
Developed countries can stifle development of undeveloped
and under-developed countries.
It can increase spread of communicable diseases.
➢ GLOBALIZATION.
Globalization” is the process by which businesses or other organizations
develop international influence or start operating on an international scale.
Advantage
Disadvantage
•Along with positive impact, there is negative too. Globalization brings fear as
well.
•Mental pressure on companies that causes many people to loose their jobs
Negative
Impact
•A better economy – it introduces rapid development of the capital market
•The new scientific research patterns are all results of globalization.
Positive
Impact

5. Intellectual
Property
Industrial
Property
Inventions
(Patent)
Trademark
Industroal
Design
Trade
Securets
Copyright
➢ INTELLECTUAL PROPERTY RIGHTS (IPR)
Intellectual property rights are legal rights that provide
creators protection for original works, inventions, or the
appearance of products, artistic works, scientific
developments, and so on.
They are five types
1. Copyright – It is a term to describe the rights that creator have
over their literacy and work.
2. Patents - It is an exclusive rights granted for and invention.
3. Trademarks - It is a sign capable of distinguish the goods or
services of one enterprise from those of other enterprises.
4. Industrial designs -It is the constitutes the ornaments or
aesthetics of an article. It consists 3D design features.
5.Trade Secrets - It is an confidential information which may be
solid or licensed.

6. Thank. You