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BUSSINESS ACTIVITIES
SHALVI SHARMA
B.B.A-1
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.”
TYPES OF ECONOMIC ACTIVITY
ECONOMIC ACTIVITIES

BUSINESS

TRADE
INDUSTRY
BANKING
TRANSPORTATION
INSURANCE
WAREHOUSING
ADVERTISING ETC.

PROFESSION

MEDICAL
LEGAL
CHARTERED ACCOUNTANT.

EMPLOYMENT

MANAGER
CLERK
SALESPERSON
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.
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.
CLASSIFICATION OF BUSINESS ACTIVITIES
BASIS

FUNCTIONS

SIZE
OWNERSHIP

SMALL
SCALE

INDUSTRY

LARGE
SCALE
PUBLIC
SECTOR

PRIVATE
SECTOR

JOINT
SECTOR

TRADE
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
Constituent of production
which is involved in the

changing form of a good

at any stage from raw
materials to the finished
product.
INDUSTRY

EXTRACTIVE

GENETIC

CONSTRUCTIVE

MANUFACTURING
COMMERCE

TRADE

AIDS TO TRADE
TRADE

HOME
TRADE

FOREIGN
TRADE

WHOLESALE
TRADE

RETAIL
TRADE
AIDS TO TRADE

TRANSPORTATION

WAREHOUSING

INSURANCE

ADVERTISEMENT
We can classify business activity into three different sectors
according to what they do.
1

2

3
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.
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
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.
CHAIN OF PRODUCTION-The three sectors are linked in a sequence..
PRIMARY:
Growing & Felling trees

SECONDARY:
Furniture production

TERTIARY:
Furniture stores
business activities or scopes of business

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business activities or scopes of business

  • 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. 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. 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. 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. CLASSIFICATION OF BUSINESS ACTIVITIES BASIS FUNCTIONS SIZE OWNERSHIP SMALL SCALE INDUSTRY LARGE SCALE PUBLIC SECTOR PRIVATE SECTOR JOINT SECTOR TRADE
  • 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. Constituent of production which is involved in the changing form of a good at any stage from raw materials to the finished product.
  • 13.
  • 14. We can classify business activity into three different sectors according to what they do. 1 2 3
  • 15. 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.
  • 16. 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
  • 17. 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.
  • 18. CHAIN OF PRODUCTION-The three sectors are linked in a sequence.. PRIMARY: Growing & Felling trees SECONDARY: Furniture production TERTIARY: Furniture stores