What Is Business fc什么是商务俱乐部.gedsb.net.pptVIP

What Is Business? Business Production and sale of goods or services to consumers. Small Variety Store Large Bell Canada Business touches our lives on a continuous basis during our day-to-day life Business Producers Make goods or produce services Goods – any item or product that you can purchase or possess. Binders, Shoes, Paper, Pencil, Hats, iPods, Gatorade, etc. Services – Not Physical Objects. Helpful acts performed in exchange for pay Haircut, Car Wash, Dentist, Plays, etc. Interdependence “No Individual or nation can stand out boasting of being independent. We are all interdependent” – Martin Luther King Interdependence Consumers and Producers depend on each other We need each other to survive Paying attention to the customer can mean success or failure for a business Activity Individually, Brainstorm one instant that you felt that the business was not listening to you? Describe the situation. What did you do about it? Did you tell others? Does this business still exist? Example Mr. Lovett’s Rants Producers Manufacturer – company that produces the goods Supplier – Provides the consumer with the good or service. Examples? Consumers Consumer Goods – Goods that consumers purchase directly to satisfy their needs End Consumer – The consumer who purchases a good for his or her personal use Market Market Wherever buyers and sellers come together In the olden days: People “went” to market Today: We live in a continuous market Internet Stores Market Consumer Market – Made up of all the individuals who want goods and services for personal consumption Business-To-Business (B2B) Market – All the individuals and organizations that produce, sell, rent, or supply goods and services to other businesses. Market Can you think of a good that can act as both a B2C (business to customer) and B2B (Business to business) good? Demand Consumers willingness to buy a product Generally higher with lower price Example: Technology Business Decisions Management is