7. 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
8.
9. IPO Input Process Output Raw materials workers Finished Natural resources machinery goods
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31. 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
32.
33.
34.
35.
36.
37.
38. DeLorean Car & Sinclair C5 The DeLorean car bankrupted its owner; the C5 was also a massive flop and ruined Sir Clive Sinclair’s reputation.