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CHAPTER ONE

 INTRODUCTION TO
BUSINESS ACTIVITIES


       WHAT/WHO/WHERE/WHY/WHEN & HOW?




                                EBS Chapter 1
Businesses add value to the
     community by:




 Provide goods    Contribute to wealth   Provide jobs
and services to        of country         for people
    people
TYPES OF BUSINESSES
     Goods-producing                       Service

 Produce goods that can be      Produce services that CANNOT
   SEEN and TOUCHED              be seen or touched but can be
                                       EXPERIENCED


Produce goods with the use of    Services are performed when
  machines and/or labour        sellers interact with customers



         Examples                         Examples
Creative Technology Ltd –       Chan Brothers Travel – Travel
manufacture sound cards for             and tourism
        computers
Breadtalk – breads, pastries     Jean Yip Hairdressing – for
        and cakes                hair treatments and services
Land                      Labour


           Resources


 Capital               Enterprise




                                EBS Chapter 1
Personal              Loan from family members
 Savings                      or friends



            Getting
            Money

                             Trade Credit
                                *Pay your
                              suppliers later




Bank Loan



                                                EBS Chapter 1
Interest Calculation
             Interest
= Amount borrowed x Rate of interest
             per year
What affects Businesses



    Economic          Demographic
                                      Social




                      Technological   Global
Political and legal
Competition

                  Direct                               Indirect
               (Sells same/                   (Sells products that meet
             similar products)              the same needs of customers)



 Fast food       McDonald    Burger King        TS Vision /   Golden Village
 Fast food          KFC      MosBurger          Video Ezy

   Petrol          Shell          Caltex        Swensons’       McDonald
  Movies           Cathay         Shaw
                                                   KFC           Pizzahut
School Shoes        Bata         Converse
Smartphones        Apple     Blackberry


                                                                            EBS Chapter 1

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Ebs chapter 1 - Introduction to Business Activities

  • 1. CHAPTER ONE INTRODUCTION TO BUSINESS ACTIVITIES WHAT/WHO/WHERE/WHY/WHEN & HOW? EBS Chapter 1
  • 2. Businesses add value to the community by: Provide goods Contribute to wealth Provide jobs and services to of country for people people
  • 3. TYPES OF BUSINESSES Goods-producing Service Produce goods that can be Produce services that CANNOT SEEN and TOUCHED be seen or touched but can be EXPERIENCED Produce goods with the use of Services are performed when machines and/or labour sellers interact with customers Examples Examples Creative Technology Ltd – Chan Brothers Travel – Travel manufacture sound cards for and tourism computers Breadtalk – breads, pastries Jean Yip Hairdressing – for and cakes hair treatments and services
  • 4. Land Labour Resources Capital Enterprise EBS Chapter 1
  • 5. Personal Loan from family members Savings or friends Getting Money Trade Credit *Pay your suppliers later Bank Loan EBS Chapter 1
  • 6. Interest Calculation Interest = Amount borrowed x Rate of interest per year
  • 7. What affects Businesses Economic Demographic Social Technological Global Political and legal
  • 8. Competition Direct Indirect (Sells same/ (Sells products that meet similar products) the same needs of customers) Fast food McDonald Burger King TS Vision / Golden Village Fast food KFC MosBurger Video Ezy Petrol Shell Caltex Swensons’ McDonald Movies Cathay Shaw KFC Pizzahut School Shoes Bata Converse Smartphones Apple Blackberry EBS Chapter 1