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Overview Of Business
Head of modern life
Affects through wide scope
Production & Supply of goods and services
Tax revenue
An economic activity
Types Of Business
 Service industry
 Mfg business
 Trade
 Retailing and distribution
 Financial
 Information business
 Utilities
 Agro n mining
 Transportation
 Real Estate
Services Enterprises
 Services provided to customers
 Services provided to Govt. and to
individual
 It provides intangible goods or
services
 Annual growth rate 28%
 Two types of services enterprise
 Commercial enterprise
 Personal service enterprise
Manufacturing Business
 Major share in industrial sector
 Its products are:-
Analytic, Synthetic, Conditioning,
assembling etc.
Products are sold at particular prices
to earn profit.
Trade
 One of type of business
 Willing exchange of goods and
services
 Commerce
 Barter system and Modern trend
 Wholesale and retail
Globalization
 It is turning point of Indian economy
 Decision of globalization was very
conflicting
 Globalization is the process of
integration across societies and
economies
 It includes flow of products, services,
labor, finance, information and ideas
across national borders.
…..
 Global integration depends on
following factors:
 Transportation
 Communication &
 Technology
Advantages of Globalization
 Market size increased
 Business widened
 Excellence in output has increased
 Collaboration increased
 Business merging increased
 Increased free trade between nations
 Greater flexibility to operate across border
 Employment opportunity increased
…..
 Greater ease and speed of
transportation for goods and people
 Reduction of cultural barriers
 Spread of democratic ideals
 Reduction of likelihood of war
between developed nations
 Increase in envt. protection
Disadvantages of globalization
 Increased flow of skilled & non-skilled
job
 Spread of materialistic lifestyle and
attitude
 Increased likelihood of economic
disruption
 WTO infringe on national and individual
sovereignty
…..
 Increase in chances of civil war
within developing countries
 Increase in open war between
developing countries
 Traditional trade system faces
survival problem
 Environment is in great trouble due
to extreme industrilization
…..
 Labour force is reduced due to more
automation
 Limitation in investment on
marketing & advt.
 Multinationals are making indian
habitual of using their products
IPR
 Creation of human mind
 IPR may be protected at law as like
property
 It relates with copyright, trademark,
patent etc.
 It gives creators exclusive rights to
creations.
 WIPO World Intellectual Property
Rights Day April 26
…..
 Head office of WIPO at Geneva
 Establishment in1967
 Helps to increase creative activity
 Foundation of knowledge based
economy
Types of IPR
 Copyrights
 Trademarks
 Geographical indication
 Industrial designs
 Layout designs of integrated circuits
 Trade secrets
 Patent
 Plant varieties
Questions..
 What are the type of businesses?
 What is globalization?
 State the disadvantages of
globalization.
 Explain the types of IPR.
THANK YOU…

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Ch. 1 overview of business

  • 1. Overview Of Business Head of modern life Affects through wide scope Production & Supply of goods and services Tax revenue An economic activity
  • 2. Types Of Business  Service industry  Mfg business  Trade  Retailing and distribution  Financial  Information business  Utilities  Agro n mining  Transportation  Real Estate
  • 3. Services Enterprises  Services provided to customers  Services provided to Govt. and to individual  It provides intangible goods or services  Annual growth rate 28%  Two types of services enterprise  Commercial enterprise  Personal service enterprise
  • 4. Manufacturing Business  Major share in industrial sector  Its products are:- Analytic, Synthetic, Conditioning, assembling etc. Products are sold at particular prices to earn profit.
  • 5. Trade  One of type of business  Willing exchange of goods and services  Commerce  Barter system and Modern trend  Wholesale and retail
  • 6. Globalization  It is turning point of Indian economy  Decision of globalization was very conflicting  Globalization is the process of integration across societies and economies  It includes flow of products, services, labor, finance, information and ideas across national borders.
  • 7. …..  Global integration depends on following factors:  Transportation  Communication &  Technology
  • 8. Advantages of Globalization  Market size increased  Business widened  Excellence in output has increased  Collaboration increased  Business merging increased  Increased free trade between nations  Greater flexibility to operate across border  Employment opportunity increased
  • 9. …..  Greater ease and speed of transportation for goods and people  Reduction of cultural barriers  Spread of democratic ideals  Reduction of likelihood of war between developed nations  Increase in envt. protection
  • 10. Disadvantages of globalization  Increased flow of skilled & non-skilled job  Spread of materialistic lifestyle and attitude  Increased likelihood of economic disruption  WTO infringe on national and individual sovereignty
  • 11. …..  Increase in chances of civil war within developing countries  Increase in open war between developing countries  Traditional trade system faces survival problem  Environment is in great trouble due to extreme industrilization
  • 12. …..  Labour force is reduced due to more automation  Limitation in investment on marketing & advt.  Multinationals are making indian habitual of using their products
  • 13. IPR  Creation of human mind  IPR may be protected at law as like property  It relates with copyright, trademark, patent etc.  It gives creators exclusive rights to creations.  WIPO World Intellectual Property Rights Day April 26
  • 14. …..  Head office of WIPO at Geneva  Establishment in1967  Helps to increase creative activity  Foundation of knowledge based economy
  • 15. Types of IPR  Copyrights  Trademarks  Geographical indication  Industrial designs  Layout designs of integrated circuits  Trade secrets  Patent  Plant varieties
  • 16. Questions..  What are the type of businesses?  What is globalization?  State the disadvantages of globalization.  Explain the types of IPR.

Editor's Notes

  1. Business is the fountain head of modern life * It affect all of us through the common axis of producers and consumers