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Introduction to Business
Definition of business
• Business: profit and non-profit seeking activities of
those engaged in purchasing or selling good...
What is business?
• Activity seeking profit
• Provides goods/services
• Satisfy standard of living- quality of life [..Hig...
Non-Profit Organization
• Not-for-profit organizations: businesslike
establishments that have primary objectives other tha...
Evolution of Business
Early economy
The industrial
revolution
The manufacturing&
marketing services
The Service &
Internet...
Evolution of Business in BD
• Agricultural/Manufacturing
• Service Industries
• Future???
Revenue, Profit and loss
Revenue -- The total amount of money a business takes in during
a given period by selling goods a...
Objectives of Business
Survival
Social
ResponsibilityGrowth
The role in business in society
Need and Needs satisfaction
• The multiplicity of human needs
o Humans have a wide range of unlimited physical and psychol...
A Business And its stakeholders
Factors Of Production
Land
Labor
Capital
Knowledge
Entrepreneurship
THANKS TO ALL
Introduction to business, BUSINESS definition
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Introduction to business, BUSINESS definition

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This presentation is introduce business definition. It is very simple and helpful for everyone.

Published in: Business
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Introduction to business, BUSINESS definition

  1. 1. Introduction to Business
  2. 2. Definition of business • Business: profit and non-profit seeking activities of those engaged in purchasing or selling goods and services to satisfy society’s needs and wants.
  3. 3. What is business? • Activity seeking profit • Provides goods/services • Satisfy standard of living- quality of life [..Higher in USA, Germany & Japan] • Nonprofit organizations
  4. 4. Non-Profit Organization • Not-for-profit organizations: businesslike establishments that have primary objectives other than returning profits to their owners
  5. 5. Evolution of Business Early economy The industrial revolution The manufacturing& marketing services The Service & Internet-based Economy
  6. 6. Evolution of Business in BD • Agricultural/Manufacturing • Service Industries • Future???
  7. 7. Revenue, Profit and loss Revenue -- The total amount of money a business takes in during a given period by selling goods and services. Profit -- The amount of money a business earns above and beyond what it spends for salaries and other expenses. Loss -- Occurs when a business’ expenses are more than its revenues
  8. 8. Objectives of Business Survival Social ResponsibilityGrowth
  9. 9. The role in business in society
  10. 10. Need and Needs satisfaction • The multiplicity of human needs o Humans have a wide range of unlimited physical and psychological needs to satisfy o Range from the most basic need for food to the need for self esteem o Society has limited resources to satisfy needs: • Natural resources • Human resources • Capital • Entrepreneurship
  11. 11. A Business And its stakeholders
  12. 12. Factors Of Production Land Labor Capital Knowledge Entrepreneurship
  13. 13. THANKS TO ALL

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