The Purpose And Nature Of Business Activity:
Akopọ
Every business, from a roadside stall to a global airline, exists for one reason: people have endless wants but the world has only limited resources. That single tension, scarcity, forces choices, and every choice carries a hidden cost. Understanding this is the foundation of the whole course.
In this lesson you will meet the ideas that underpin all of business studies: needs and wants, scarcity and opportunity cost, the power of specialisation, and the purpose of business activity itself. You will also learn what added value is, why it is the lifeblood of every business, and the practical ways a firm can increase it.
Awọn Afojusun
- Concepts of needs, wants, scarcity and opportunity cost
- Importance of specialisation
- Purpose of business activity
- The concept of adding value and how added value can be increased
Ẹ̀kọ́ Ohùn
Gbọ́ ẹ̀kọ́ yìí nínú áàpù
Àwòrán ọpọlọ
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Ṣí àwòrán ọpọlọ nínú áàpù
Káàdì ìrántí
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Ṣe ìdánrawò káàdì wọ̀nyí nínú áàpù
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Ìdánwò Ẹ̀kọ́
Oriire fun ipari ẹkọ lori The Purpose And Nature Of Business Activity:. Ni bayi ti o ti ṣawari naa awọn imọran bọtini ati awọn imọran, o to akoko lati fi imọ rẹ si idanwo. Ẹka yii nfunni ni ọpọlọpọ awọn adaṣe awọn ibeere ti a ṣe lati fun oye rẹ lokun ati ṣe iranlọwọ fun ọ lati ṣe iwọn oye ohun elo naa.
Iwọ yoo pade adalu awọn iru ibeere, pẹlu awọn ibeere olumulo pupọ, awọn ibeere idahun kukuru, ati awọn ibeere iwe kikọ. Gbogbo ibeere kọọkan ni a ṣe pẹlu iṣaro lati ṣe ayẹwo awọn ẹya oriṣiriṣi ti imọ rẹ ati awọn ogbon ironu pataki.
Lo ise abala yii gege bi anfaani lati mu oye re lori koko-ọrọ naa lagbara ati lati ṣe idanimọ eyikeyi agbegbe ti o le nilo afikun ikẹkọ. Maṣe jẹ ki awọn italaya eyikeyi ti o ba pade da ọ lójú; dipo, wo wọn gẹgẹ bi awọn anfaani fun idagbasoke ati ilọsiwaju.
- Which of the following is a need rather than a want? A. a smartphone B. clean drinking water C. a holiday D. designer trainers Answer: B
- A firm sells a product for $90. Bought-in materials cost $35. The added value is: A. $35 B. $55 C. $90 D. $125 Answer: B
- Opportunity cost is best defined as: A. the money a business spends in total B. the next best alternative given up C. the cost of raw materials D. the profit a business makes Answer: B
- Which is a disadvantage of the division of labour? A. workers become more skilled B. training is cheaper C. work can become boring and repetitive D. less time is wasted moving between tasks Answer: C
- A business can increase added value by: A. raising material costs B. lowering the selling price C. reducing material costs while keeping the price the same D. employing more managers Answer: C
Ṣiṣẹ́ lórí àwọn ìbéèrè wọ̀nyí nínú ohun èlò náà
Ṣiṣẹ́ lórí àwọn ìbéèrè wọ̀nyí nínú ohun èlò náà
Awọn Iwe Itọsọna Ti a Gba Nimọran
Ẹ̀kọ́ síwájú láti àwọn orísun ṣíṣí
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Abala ìwé ẹ̀kọ́
The Nature of Business
How do businesses and not-for-profit organizations help create our standard of living?
"Introduction to Business: The Nature of Business" by OpenStax, OpenStax, Rice University, licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). Source: https://openstax.org/books/introduction-business/pages/1-1-the-nature-of-business. Access for free at https://openstax.org/books/introduction-business/pages/1-introduction
Àwọn àjọ mìíràn ló tẹ̀ wọ́n jáde lábẹ́ ìwé àṣẹ ṣíṣí, a sì dá wọn lọ́lá bí wọ́n ṣe béèrè. Àwọn ìjápọ̀ ń ṣí ojú òpó wọn.
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