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THE NATURE OF BUSINESS

Published on Nov 22, 2015

The is the first introductory topic for the Principles of Business syllabus. It begins with the eighteen (18) terms and concepts related to businesses.

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PRESENTATION OUTLINE

1.

THE NATURE OF BUSINESS

By: Ms. Roberts
2.

TERMS & CONCEPTS RELATED TO BUSINESS

  • Enterprise
  • Entrepreneurship
  • Barter
  • Profit
  • Loss
3.

TERMS & CONCEPTS CONT'D

  • Trade
  • Organization
  • Economy
  • Producer
  • Consumer
4.

TERMS & CONCEPTS CONT'D

  • Exchange
  • Goods
  • Services
  • Market
  • Commodity
5.

TERMS AND CONCEPTS CONT'D

  • Capital
  • Labour
  • Specialization

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