The Purpose And Nature Of Businesses
Resumen
A woman in Accra notices that the office workers on her street queue for twenty minutes at lunchtime and still go back to their desks hungry. Six weeks later she is renting a unit, employing two cooks and selling four hundred meals a day. A shipping company in Rotterdam moves the flour she buys. A farmer in Kansas grew the wheat. None of the three has ever met the other two, and yet the meal on that desk needed all of them. That chain, and the decision that started it, is what this whole course is about.
In this lesson you will pin down what a business actually is and what its purpose really is, which is not the answer most people give first. You will meet the four factors of production and the reward each one earns, learn to sort any business into the primary, secondary or tertiary sector and explain why the three sectors depend on each other, and work out what makes someone an entrepreneur rather than simply an employee with ideas. You will finish with the single most examinable idea in the whole section: that the world a business trades in will not sit still for it.
Objetivos
- Purpose of business.
- Reasons for starting a business.
- Basic functions and types of business.
- Business enterprise and entrepreneurship.
- Dynamic nature of business.
Mapa mental
Este tema esta esquematizado para ver como se conectan las ideas.
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Nota de la lección
Apunte completo disponible en la aplicacion Green Bridge
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Evaluación de la lección
Felicitaciones por completar la lección del The Purpose And Nature Of Businesses. Ahora que has explorado el conceptos e ideas clave, es hora de poner a prueba tus conocimientos. Esta sección ofrece una variedad de prácticas Preguntas diseñadas para reforzar su comprensión y ayudarle a evaluar su comprensión del material.
Te encontrarás con una variedad de tipos de preguntas, incluyendo preguntas de opción múltiple, preguntas de respuesta corta y preguntas de ensayo. Cada pregunta está cuidadosamente diseñada para evaluar diferentes aspectos de tu conocimiento y habilidades de pensamiento crítico.
Utiliza esta sección de evaluación como una oportunidad para reforzar tu comprensión del tema e identificar cualquier área en la que puedas necesitar un estudio adicional. No te desanimes por los desafíos que encuentres; en su lugar, míralos como oportunidades para el crecimiento y la mejora.
- Which one of the following is the main purpose of business activity? A. Allowing entrepreneurs to become wealthy B. Creating employment for a country C. Satisfying the needs and wants of consumers D. Using up a country's raw materials Answer: C
- Which one of the following is a factor of production? A. Capital B. Competition C. Profit D. Revenue Answer: A
- Which one of these business activities operates in the secondary sector? A. Growing coffee beans B. Roasting and packing coffee beans C. Serving coffee in a cafe D. Transporting coffee to a port Answer: B
- A baker can use her last sack of flour to make either 60 loaves or 200 bread rolls. She makes the loaves. What is the opportunity cost of her decision? A. The 200 bread rolls B. The 60 loaves C. The cost of the sack of flour D. Both the rolls and the flour Answer: A
- Which one of the following is a reward earned by the factor of production called capital? A. Interest B. Profit C. Rent D. Wages Answer: A
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