A business can be established, but to successfully sustain a business, the business needs resources like finance, for which it has to depend on financial institutions. Business Studies Notes Year 9 & 10 Chapter 1 The purpose of Business Activity A NEED is a good or service essential for living (food, water, shelter, education etc.). The questions may include various types of questions. It has gotten 14955 views and also has 4.8 rating. This document is highly rated by B Com students and has been viewed 8310 times. of fronts. The goal is to help teachers teach the often difficult concepts related to the electro- Cambridge IGCSE Business Studies revision & notes page. Here are things to remember for the IGCSE Business exam covering sections 1 to 6 on the syllabus. Short Essay on United Nations Conference on Trade and Developments Article shared by UNCTAD was established by the UN General Assembly in December 1964 to promote international trade, particularly that of developing countries, with a view to accelerating economic development. General Requirements to obtain a business visitor visa These Business Activities also known as business components. For example, a person running a shop or a person doing a job. Marketing Management Short Notes 1. This is a general term that encompasses all the economic activities carried … A WANT on the other hand is something we would like to have but is not essential for living (computer games, designer clothing, cars etc.). Answered February 29, 2020. Industry is concerned with the production of goods and materials, while commerce is mainly concerned with their distribution. Download B.Com Books & Notes of All 3 years. Business Studies Notes Year 9 & 10 Chapter 1 The purpose of Business Activity A NEED is a good or service essential for living (food, water, shelter, education etc.). There are two types of business activities. B.Com stands for Bachelor of Commerce.It is 3 years under graduation course that provides you wide career opportunities in Accounts, Commerce, management fields. Feb 22, 2020 - Unit 1 Topic: Foundation of Spectrum of Indian Business, B.Com Hons., Ist Sem, DU B Com Notes | EduRev is made by best teachers of B Com. These are very useful summary notes with neatly explained examples for best revision of […] These components of business are actually define the scope of business to us. Proper market conditions, for which it has to depend on the market. people’s wants are unlimited. Entrepreneurship . Learn everything there is to know about Business with BusinessDictionary's exhaustive topic list. Answer See 50 answers. 4.2.1 Short-Term Outcomes Spectrum will be made available in a timely, efficient and equitable manner 32 BUSINESS STUDIES Notes Business activities may be broadly classified into two categories: (i) Industry, and (ii) Commerce. There is not a specific set of skills serving to lead you through the course, and no unifying meta-theory to inform your decisions. those who took the risk of a new enterprise. Spectrum Monitoring Techniques . The company summary in a business plan—also known as the company description or overview—is a high-level look at what you are as a company and how all the elements of the business fit together. View Notes - Chapter 1 Notes (Retailing Business Activities and Strategies) from MAR 4231 at Florida Atlantic University.