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Business in a Contemporary Society Int 2

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Int 2 Business Management (Revised) Business in Contemporary Society
Business Cycle Business Cycle Business provides goods/services Consumer buy goods/services Wealth for companies and employees Consumers have money to spend from wages Needs & Wants
Goods and Services ,[object Object],[object Object],[object Object]
Needs and Wants ,[object Object],[object Object]
Business Activity ,[object Object],Q. How is a nation’s wealth measured?
Factors of Production ,[object Object],[object Object],[object Object],[object Object],[object Object]
Factors of Production ,[object Object],[object Object],[object Object],[object Object]
IPO Input Process Output Raw materials workers Finished Natural resources machinery goods
Sectors of Industrial Activity ,[object Object],[object Object],[object Object]
De-industrialisation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Ownership ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sole Trader ,[object Object],[object Object],[object Object],[object Object],[object Object]
Sole Trader +/- ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Partnerships ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Partnership +/- ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Private Limited Companies (Ltd.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Private Ltd. +/- ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],                                
Public Limited Companies (plc) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
plc +/- ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Franchise ,[object Object],[object Object],[object Object],[object Object]
Franchise +/- ,[object Object],[object Object],[object Object],[object Object],[object Object]
Co-operatives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Co-operatives +/- ,[object Object],[object Object],[object Object],[object Object]
Charities ,[object Object],[object Object],[object Object],[object Object],[object Object]
Charities +/- ,[object Object],[object Object],[object Object],[object Object]
Public Sector Organisations ,[object Object],[object Object],[object Object],[object Object],[object Object]
Public Corporations ,[object Object],[object Object],[object Object],[object Object],[object Object]
Privatisation ,[object Object],[object Object],[object Object],[object Object],[object Object]
Business Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object]
Objectives by Business Sector Help people, improve quality of service, cut costs, raise revenue Public Sector Help others, maximise cash collections, offer a service to community Voluntary Sector Survival, profit maximisation, increase returns to shareholders Private Sector Aims/Objectives Type of Business
Entrepreneurs ,[object Object],[object Object]
Role of Entrepreneur ,[object Object],[object Object],[object Object],[object Object]
Identify Business Opportunities ,[object Object],[object Object],[object Object],[object Object],[object Object]
Entrepreneurs and Franchising ,[object Object]
Combining Factors of Production ,[object Object],[object Object],[object Object],[object Object],[object Object]
Innovation and Risk Taking ,[object Object],[object Object],[object Object]
DeLorean Car & Sinclair C5 The DeLorean car bankrupted its owner; the C5 was also a massive flop and ruined Sir Clive Sinclair’s reputation.
Stakeholders ,[object Object],[object Object],[object Object]
Identifying Stakeholders ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Stakeholder Aims/Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Influence of Stakeholders ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Tony Blair is influenced by:
Sources of Finance
Internal Sources of Finance ,[object Object],[object Object],[object Object]
External Sources of Finance ,[object Object],[object Object],[object Object],[object Object],[object Object]
External Sources of Finance ,[object Object],[object Object],[object Object],[object Object]
External Sources of Finance ,[object Object],[object Object],[object Object],[object Object]
Additional Sources of Finance ,[object Object],[object Object],[object Object],[object Object],[object Object]
Methods of Growth ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Methods of Growth ,[object Object],[object Object],[object Object],[object Object]
Horizontal Integration ,[object Object]
Vertical Integration Rubber plantation Car showroom
Diversification ,[object Object]
Multinationals ,[object Object],[object Object]
Why become a Multinational? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Multinationals +/- ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Social Responsibility ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Social Responsibility ,[object Object],[object Object],[object Object]
Exxon Valdez Disaster ,[object Object],[object Object],[object Object],[object Object],[object Object]
Aftermath ,[object Object],[object Object],[object Object],[object Object],[object Object]
Has Exxon learned it’s lesson? ,[object Object],[object Object],[object Object]
Social Responsibility +/- ,[object Object],[object Object]
Internal Pressures ,[object Object],[object Object],[object Object]
External Pressures: PESTEC Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Political Factors ,[object Object],[object Object],[object Object],[object Object],[object Object]
Economic Factors ,[object Object],[object Object],[object Object],[object Object],[object Object]
Social Factors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Technological Factors ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Environment and Green Issues ,[object Object],[object Object],[object Object]
Competitive Factors ,[object Object],[object Object],[object Object],[object Object],[object Object]

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Business in a Contemporary Society Int 2

  • 1. Int 2 Business Management (Revised) Business in Contemporary Society
  • 2. Business Cycle Business Cycle Business provides goods/services Consumer buy goods/services Wealth for companies and employees Consumers have money to spend from wages Needs & Wants
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  • 30. Objectives by Business Sector Help people, improve quality of service, cut costs, raise revenue Public Sector Help others, maximise cash collections, offer a service to community Voluntary Sector Survival, profit maximisation, increase returns to shareholders Private Sector Aims/Objectives Type of Business
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  • 37. DeLorean Car & Sinclair C5 The DeLorean car bankrupted its owner; the C5 was also a massive flop and ruined Sir Clive Sinclair’s reputation.
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