Basics_of_Business1.ppt a detailed ppt for bba

Business

1. Early ancient man
Discovery of Fire
and weapons.

2. Early man in
FAMILY/GROUP
Farming-Beginning of
Human civilization.

4. HUMAN-NEEDS
•We human beings are social animals.
•As we developed, our needs also
increased.
•All our needs can not be satisfied by us
alone individually.
•That is why we live in groups.
•And we all work for fulfillment of our needs
by working and serving in society.

6. Human activities can be divided in:
•ECONOMIC ACTIVITIES:
Activities which are undertaken to earn money for a
living. Main motive behind these activities is to
create wealth and to earn income.
Examples-clerk working in office, shopkeeper
selling goods, worker working in a factory, doctor
running a clinic to earn a living and to acquire
money.
•NON-ECONOMIC ACTIVITIES:
Activities which are undertaken not for earning
material gains but for personal/mental satisfaction.
Examples-Mother cooking food at home, helping a
blind man to cross the road, working for social
cause, blood donation etc.

7. Human Activities
Economic
Activities
Non-Economic
Activities
PROFESSION
EMPLOYMENT
SOCIAL
RELIGIOUS PARENTAL
BUSINESS

8. What is BUSINESS?
•In general:
Business = Busy + Ness
Business is being busy in any activity on a
regular basis with an objective of earning
profit. The activity may consist of
production or purchase of goods for sale,
or exchange of goods or supply of
services to satisfy the needs of other
people.

10. Business
Industry
Commerce
Primary Secondary Tertiary
TradeAuxiliaries to Trade
Internal External
TransportationInsuranceBanking &
Finance
Advertising
Wholesale
RetailExport Import
Extractive
Genetic
Manufacturing
Construction
Service Facilities

12. Keywords
•Industry= A collection of similar
firms/business houses engaged in same
activity.
•Auxiliary= support/Help
•Manufacturing= production
•Extractive= mining and quarrying, fishing
etc.
•Genetic= Farming, cultivation, cattle-rearing,
poultry.
•Tertiary= Service facilities.