This document classifies and defines different types of business activities and industries. It discusses the production and manufacturing sides of industry, and defines primary, extractive, and manufacturing industries. It also defines commerce as the functions needed to maintain a flow of goods, and discusses wholesalers, retailers, and aids to trade like transportation and banking. Finally, it defines e-commerce as buying and selling over the internet, and lists some differences and advantages of e-business compared to traditional business models.

1. 2. INDUSTRY & COMMERCE
Business Definition (Urwick & Hunt)

2. CLASSIFICATION OF BUSINESS
ACTIVITIES
• Basic needs of Human beings
• Manufacturers Wholesalers, Retailers Customer
(Middlemen/Trader)

3. Industry
• Production side of Business: Raising, producing, processing or
manufacturing of products
• Producer’s Goods Consumer’s Goods
Extractive Industry Manufacturing industry Construction Industry

4. TYPES OF INDUSTRIES
Primary Industry Genetic Industry Extractive Industry
Manufacturing
Industry
Construction Industry Service Industry

5. Commerce
• All functions which are essential for maintaining a free and
uninterrupted flow of goods. (TRADE)
• Wholesaler Trader ---- Retail Trader

6. AIDS/AUXILLARIES TO TRADE
Transportation Warehousing Insurance
Advertising Banking

7. E-Commerce
• Electronic Commerce means
buying and selling of goods and
services on the Internet.
e-business ,E-tailing
TYPES OF E-Commerce, Superfluos Government Interaction

8. DifferencebetweenTraditionalBusinessandE-
business
Basis of Differences Traditional Business E-business
Formation
Physical Presence
Cost of Establishment
Operating cost
Dealing Time
Opportunity for inter-
personal touch
Length of Business Cycle
Government Help
Global Reach

9. ADVANTAGES OF E-COMMERCE