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Changing pattern of Business
organisation : A shift from
conventional business to modern
business
From Conventional
business to Modern
Business
Business :
• Busy- ness
• an economic activity directed towards
achieving set objectives of the
organisation.
• Earn maximum profit with lower cost and
greatest satisfaction to the consumer
.• Industry: Cocerned with the production of
goods.
• Commerce : Concerned with their distribution
of goods and services.
• Trade :Buying and selling of goods and
services with exchange of money or money's
worth.
• Auxiliary to trade : Various services such as
Banking, Insurance, Warehousing, Transport,
Advertising, and Mercantile Agents Etc.
A shift from
conventional
business to Modern
business
Reasons for shifting from traditional
business
To Modern Business
• To earn maximum profit
• To acquire new
customer
• To capture a big market
• To acquire global
customer
• Reputation /Goodwill
• Global competititors
Traditional Business
• Not a big amount
of profit
• Local customers
• Local market
• Local competitors
E-COMMERCE
E-Commerce
Forms of E-commerce
E-Business
• Both E-Commerce and E-business
are the same Terms ?
E- business
• Wider Term
• E-Business covers interaction with its
customers and suppliers as well as
interactions and dealings among various
departments such as production, accounting,
finance, personnel, administration etc.
• includes e-commerce and other electronically
conducted business functions also.
Television shopping
• Home shop 18
Tv shopping
• one more emerging trend in shopping.
• TV channels itself make the advertisement of
the product, offers, demonstration of the
product.
• By Watching these channels and advertisement
customer can place the order by using toll free
number or he can visit the television channels
website and can place the order.
• Homeshop 18 is a TV channel and
www.homeshop18.com is a website.
Homeshop18 is also an app on smart devices.
E-TICKETING
• Bus tickets , Railway tickets , Air Tickets Movie
Tickets .
• Reserve your ticket while sitting at home by
using your laptop or by using your smart
devices through internet.
E-ticket
E-ADVERTISINg
. A) Wallpaper advertising: It changes the background of
the website to the chosen promotion.
B) Pop up advertising: When clicked on a website, it
causes a new screen to open by itself that advertises the
product.
C) Floating advertising: A floating ad moves across the
screen, giving the user the option to click on it.
•Ad Sense advertising: This refers to companies that have
paid major search engines, (such as Google, yahoo) to
promote their businesses within the first three links that
appear when a search is entered.
• Mobile advertising.: Advertisements to be displayed on
Mobile Apps.
:
Electronic Banking:
•Role of banking : accepting deposits and
lending them out to trade, industry and
individuals
•Electronic banking means virtual banking or
online banking. It involves use of information
technology in banking business..
By Using electronic banking customer can
transfer money easily through mobile , smart
phone devices , swipe in Debit card at ATM or
login into internet Banking.
Outsourcing
• Subservicing
• Transfer of non core activities of the business
and business process activities to third party.
• BPO : Business process outsourcing
• KPO : Knowledge process outsourcing
Franchising
• Franchising is the contractual arrangement to
use a firm's business model, trade mark,
copyright, business secret, and brand for a
prescribed period of time. Basically it is a
chain store where for the franchisor (owner)
reduces the investment and liability.
Networking Business
• Recruitment of business-minded people
into an organization.
• Newly recruited people can purchase
company's product from the networking
company and sell it to others as well as
they again recruit some business minded
people and thus build their down line.

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Challenges of entrepreneurship development in rural area and business education

  • 1. Changing pattern of Business organisation : A shift from conventional business to modern business
  • 3. Business : • Busy- ness • an economic activity directed towards achieving set objectives of the organisation. • Earn maximum profit with lower cost and greatest satisfaction to the consumer
  • 4.
  • 5. .• Industry: Cocerned with the production of goods. • Commerce : Concerned with their distribution of goods and services. • Trade :Buying and selling of goods and services with exchange of money or money's worth. • Auxiliary to trade : Various services such as Banking, Insurance, Warehousing, Transport, Advertising, and Mercantile Agents Etc.
  • 7. Reasons for shifting from traditional business To Modern Business • To earn maximum profit • To acquire new customer • To capture a big market • To acquire global customer • Reputation /Goodwill • Global competititors Traditional Business • Not a big amount of profit • Local customers • Local market • Local competitors
  • 11. E-Business • Both E-Commerce and E-business are the same Terms ?
  • 12. E- business • Wider Term • E-Business covers interaction with its customers and suppliers as well as interactions and dealings among various departments such as production, accounting, finance, personnel, administration etc. • includes e-commerce and other electronically conducted business functions also.
  • 14. Tv shopping • one more emerging trend in shopping. • TV channels itself make the advertisement of the product, offers, demonstration of the product. • By Watching these channels and advertisement customer can place the order by using toll free number or he can visit the television channels website and can place the order. • Homeshop 18 is a TV channel and www.homeshop18.com is a website. Homeshop18 is also an app on smart devices.
  • 15. E-TICKETING • Bus tickets , Railway tickets , Air Tickets Movie Tickets . • Reserve your ticket while sitting at home by using your laptop or by using your smart devices through internet.
  • 17. E-ADVERTISINg . A) Wallpaper advertising: It changes the background of the website to the chosen promotion. B) Pop up advertising: When clicked on a website, it causes a new screen to open by itself that advertises the product. C) Floating advertising: A floating ad moves across the screen, giving the user the option to click on it. •Ad Sense advertising: This refers to companies that have paid major search engines, (such as Google, yahoo) to promote their businesses within the first three links that appear when a search is entered. • Mobile advertising.: Advertisements to be displayed on Mobile Apps. :
  • 18. Electronic Banking: •Role of banking : accepting deposits and lending them out to trade, industry and individuals •Electronic banking means virtual banking or online banking. It involves use of information technology in banking business.. By Using electronic banking customer can transfer money easily through mobile , smart phone devices , swipe in Debit card at ATM or login into internet Banking.
  • 19. Outsourcing • Subservicing • Transfer of non core activities of the business and business process activities to third party. • BPO : Business process outsourcing • KPO : Knowledge process outsourcing
  • 20. Franchising • Franchising is the contractual arrangement to use a firm's business model, trade mark, copyright, business secret, and brand for a prescribed period of time. Basically it is a chain store where for the franchisor (owner) reduces the investment and liability.
  • 21. Networking Business • Recruitment of business-minded people into an organization. • Newly recruited people can purchase company's product from the networking company and sell it to others as well as they again recruit some business minded people and thus build their down line.