The Purpose And Nature Of Businesses
Overzicht
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.
Doelstellingen
- Purpose of business.
- Reasons for starting a business.
- Basic functions and types of business.
- Business enterprise and entrepreneurship.
- Dynamic nature of business.
Mindmap
Dit onderwerp is in kaart gebracht zodat je ziet hoe de ideeen samenhangen.
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Lesnotitie
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Lesevaluatie
Gefeliciteerd met het voltooien van de les op The Purpose And Nature Of Businesses. Nu je de sleutelconcepten en ideeën, het is tijd om uw kennis op de proef te stellen. Deze sectie biedt een verscheidenheid aan oefeningen vragen die bedoeld zijn om uw begrip te vergroten en u te helpen uw begrip van de stof te peilen.
Je zult een mix van vraagtypen tegenkomen, waaronder meerkeuzevragen, korte antwoordvragen en essayvragen. Elke vraag is zorgvuldig samengesteld om verschillende aspecten van je kennis en kritisch denkvermogen te beoordelen.
Gebruik dit evaluatiegedeelte als een kans om je begrip van het onderwerp te versterken en om gebieden te identificeren waar je mogelijk extra studie nodig hebt. Laat je niet ontmoedigen door eventuele uitdagingen die je tegenkomt; beschouw ze in plaats daarvan als kansen voor groei en verbetering.
- 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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Aanbevolen Boeken
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