2. WHAT IS BUSINESS ??
CustomersVendors
It is an organisation or
economic system where
goods and services are
exchanged for one another
or for money
A person who buy goods
and services in known as
customer.
A person offering goods and
services for sale is known as
vendor
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3. That Journey Is Not Without Roadblocks
Responds To Market Needs Faster
Improve Profits & Margins
Use Better Tool &Technology
Focus More On What’s Important
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Businesses Want To …
Get The Information When Needed
Gain Efficiency With Broken Process
Keep Multiple System Working Together
Not To Be Distracted by Day - to - Day
Activities
But Find It Hard To …
4. WHAT IS ENTERPRISE ??
It is an
organisation or a
company where
different business
activities are
managed
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5. WHAT IS RESOURCE??
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An economic factor required to accomplish the business activity to achieve the desire
outcome.
Ex : LAND , LABOR , CAPITAL , MANAGEMENT, MONEY, TIME
TYPES OF RESOURCE:
TANGIBLE RESOURCE (PROPERTY, MACHINE, EQUIPMENT & PRODUCT)
INTANGIBLE RESOURCE (BRAND, IMAGE, GOODWILL, PATENT )
FINANCIAL RESOURCE (SALES, REVENUE, INVESTMENT)
HUMAN RESOURCE (MANPOWER)
NATURAL RESOURCE (PAPER)