Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

business activities or scopes of business

7,183 views

Published on

Published in: Business

business activities or scopes of business

  1. 1. BUSSINESS ACTIVITIES SHALVI SHARMA B.B.A-1
  2. 2. Business is an Economic activity which involves regular production and or exchange of goods and services with the main purpose of earning profits through the satisfaction of human wants. According to B.O Wheeler -``Business is an institution organized and operated to provide goods and services to society under the incentive of private gain.”
  3. 3. TYPES OF ECONOMIC ACTIVITY ECONOMIC ACTIVITIES BUSINESS TRADE INDUSTRY BANKING TRANSPORTATION INSURANCE WAREHOUSING ADVERTISING ETC. PROFESSION MEDICAL LEGAL CHARTERED ACCOUNTANT. EMPLOYMENT MANAGER CLERK SALESPERSON
  4. 4. What is ‘business activity’?  The activities or operations carried out by a business, example making goods, selling goods, providing a service.  Any activity that is engaged in for the primary purpose of making a profit. Business activities can include things like production, operations, marketing, and administration.
  5. 5. Categories of business activities  (1) Activities related to production of goods.  (2) Activities related to rendering of services.  (3) Activities related to distribution of goods.  (4) Activities rendering distribution Assistance.  (5) Activities which render Financial Assistance.
  6. 6. CLASSIFICATION OF BUSINESS ACTIVITIES BASIS FUNCTIONS SIZE OWNERSHIP SMALL SCALE INDUSTRY LARGE SCALE PUBLIC SECTOR PRIVATE SECTOR JOINT SECTOR TRADE
  7. 7. BUSINESS ACTIVITIES INDUSTRY COMMERCE Trade 1 .EXTRACTIVE 2. GENETIC 3 .CONSTRUCTION 4.MANUFACTURING ---(a)Analytical Industry ---(b)Processing Industry ---(c) Synthetic Industry 1.HOME TRADE 2.FOREIGN TRADE ---(a)Import ---(b)Export 3.WHOLESALE TRADE 4.RETAIL TRADE Aids to Trade 1.TRANSPORT 2.DISTRIBUTION 3.BANKING 4.WAREHOUSING 5.ADVERTISEMENT 6.INSURANCE
  8. 8. Constituent of production which is involved in the changing form of a good at any stage from raw materials to the finished product.
  9. 9. INDUSTRY EXTRACTIVE GENETIC CONSTRUCTIVE MANUFACTURING
  10. 10. COMMERCE TRADE AIDS TO TRADE
  11. 11. TRADE HOME TRADE FOREIGN TRADE WHOLESALE TRADE RETAIL TRADE
  12. 12. AIDS TO TRADE TRANSPORTATION WAREHOUSING INSURANCE ADVERTISEMENT
  13. 13. We can classify business activity into three different sectors according to what they do. 1 2 3
  14. 14. Agriculture The production of crops, such as vegetables, & animal farming. Fishing Fishing fleets and fish farms . 1 Forestry Planting, conserving & felling timber. Mining & Quarrying Coal mines, oil and natural gas extraction, quarrying of all types of stone.
  15. 15. Manufacturing All businesses which make or produce goods. Energy Production Businesses that provide electricity, gas & water for our homes. 2 Engineering People employed in manufacturing industries sorting the design / function of machinery & equipments Construction Businesses which construct buildings, motorways, bridges, railways etc & any body working on construction sites such as electricians
  16. 16. Private Services Services offered by privately owned businesses, such as banking , hotels Travel agencies. 3 Voluntary Services Services provided by charities, such as environmental protection, global development, global emergency response. Public Services Provided locally & nationally by government & local authorities, such as education, emergency services, policing.
  17. 17. CHAIN OF PRODUCTION-The three sectors are linked in a sequence.. PRIMARY: Growing & Felling trees SECONDARY: Furniture production TERTIARY: Furniture stores

×