chapter 6
DESCRIPTION
Chapter 6. Business Management. What is Business. An Organization that Produces or Distributes a good or service. Goods-Producing Business. Service Business. ✔ Checkpoint p.147. Expected Employment in Major Industries by 2018. Business Activities. Production - PowerPoint PPT PresentationTRANSCRIPT
Chapter 6Business Management
What is BusinessAn Organization that Produces or Distributes a
good or service.Service BusinessGoods-Producing Business
✔ Checkpoint p.147
Expected Employment in Major Industries by 2018
4
CHAPTER 6
Business ActivitiesProduction
Making of a good or serviceMarketing
Getting goods or services to customersTarget Market
FinancingHanding all money matters related to running a
business
Gross National ProductUSA vs. Other Nations
The total market value of all goods produced and services provided in a year.
Efficient to SurviveEfficiency
Producing the largest quantity in the least time.How to ensure efficiency
Well trained workersUp to date technologiesManage effectivelyJust in Time (JIT) Inventory System
CHAPTER 6 8
Business OwnershipPopularity of small business
Owner operatedGrowth of franchise business
ExamplesRisks of ownershipObligations of ownership
Customers, Employees, Suppliers, Competition
How to be a good team member
Be personalBe involvedTrust in your teamStay focused on the taskBe positiveListen, Listen, Listen
Listening skillsMaintain eye contactFocus on content, not deliveryAvoid distractionsTreat listening as a challenging mental taskStay active by asking mental questionsRemember the gap between speech and
thought