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Title: Business Introduction
Description: In these notes you can find information about business in general and the economic structures
Description: In these notes you can find information about business in general and the economic structures
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Introduction to business management
•
•
every business decision has moral impactions
these consequences can be significant for internal and external stakeholders and the natural environment
...
The production process
Inputs
Ex: raw materials, components,
machinery, equipment
Process
turning
inputs
into
outputs
manufactured goods or into the
provision of services
Outputs
the outputs or provision of final
goods and services
...
This process generates outputs
...
• finance and accounts: the finance and accounts department is in chance of managing the organizations
money
...
• operations: is responsible for managing the resources which are dedicated to the production and delivery
of product and services
Do changes in economic structures affect firms?
Changes in economic structure: the importance of each sector in a countries economic structure changes over
time
...
In developed economies the situation is reversed, there is a general decline in the importance of secondary sector
activity and an increase in tertiary sector
...
Title: Business Introduction
Description: In these notes you can find information about business in general and the economic structures
Description: In these notes you can find information about business in general and the economic structures