M4/12 Lesson 1

1. Vocational Education:
Business Computing
Class M4/12
Aj. Jamie
Semester 2

2. Introduction
 What is a business?
– A business is an organisation relating to
the production, buying and selling of goods
or services.
 What is the aim of this course?
– To give you an introduction to all types of
business. To recognize different types of
business and understand how the business
world functions.

3. Course projects
 Write a CV and letter of application
 Presentation: Using computers for
Business communication
 Design a basic Accounting Spreadsheet

4. Course projects
 Run a Small Business
– To be designed in groups
– You must create and present
a business plan
– You will operate the business
within the school during the
second half of term 2
– You must complete an
accounting overview using a
spreadsheet

5. Different types of Business
 We will now take a look at a few
different types of business.

6. Manufacturers
 Produce products from raw materials or
component parts that they aim to sell at a profit.
 Companies that make physical goods such as
cars, televisions, washing machines are
considered manufacturers.
Raw materials - Materials that are still in their natural state;
required to make a product.
Iron, Wood and Crude oil.
Component parts - Parts required to complete a larger products.
IBM purchase microprocessors from Intel
Toyota purchase tyres from Goodyear

7. Manufacturers

8. Service Businesses
 Businesses that provide a service to other
businesses or consumers.
 Make a profit by charging for labour or other
services.
 Companies such as restaurants, house
decorators and language schools are
considered service businesses.
consumers – people that purchase and use goods or services.
(customers)
profit - money a company makes over and about all the
general costs of running a business.
labour - people that work in a company

9. Service Businesses

10. Retailers and Distributors
 Companies that act as middle-men in getting
products from manufacturers to their intended
consumers.
 Generate a profit as a result of providing
sales or distribution services.
 Most shops and catalogue companies.
distribute - supply or sell things to people or businesses.

11. Retailers and Distributors

12. Types of business
 Agriculture
– Production of raw material on farms.
– Produce raw materials such as milk, grain or beef,
for distribution to consumers or other businesses.
 Mining
– Extraction of raw materials from the earth.
– Companies extract materials such as iron, gold or
coal, for distribution to consumers or other
businesses.
extract - take something out or pull something out.

13. Types of business
 Financial businesses
– Companies that generate profits through working
with or investing money.
– Banks and loan companies.
 Utilities
– Produce public services, such as electricity or heat.
– Usually owned or created by the government.
invest – use your money in a way that you hope will
increase it in time.

14. Types of business
 Real Estate
– Companies that generate profit from the
selling, renting or development of
buildings, homes or properties.
 Transportation
– Deliver goods and individuals from location
to location, generating a profit on the
transportation costs.

15.  You will be given a business or company
and must create a case study about them.
 Case Study – A method of research to
investigate and find out about something.
To discover why something is successful.
To analyse data.
 PowerPoint Presentation, at least 8
slides. Groups of 3 students.
Today’s Task

16. Today’s Task
 Please USE YOUR OWN WORDS!
 Use the Internet for research – but please
rewrite and just include the important
information.
 This semester marks will be
reduced for those of you that
cut ‘n’ paste every week!

17. Today’s Task
Include:
•What type of business is it?
•What does the business do?
•Turnover
•History
•Location – Local / National / International?
•Your experience with the company
•Products / Services
•Website - Internet Services?