Enterprise

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  • Created by: samadhi
  • Created on: 10-04-13 13:25

Nature of the business activity- Purpose of busine

Purpose of business activity:

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Nature of the business activity - concept of addin

Added value:

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The nature of economic activity - Problem of choi

The economic problem 

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The nature of economic activity - Problem of oppo

Opportunity cost 

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Business environment is Dynamic

Business environment is Dynamic 

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What business needs to succeed

Factors of production:

• Land, labour, capital and enterprise

Finance

Planning

Contacts

Customers

Suppliers

Refer mind map 

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Why many business fail early on

Why business fail early on:

Lack of planning

Lack of funds

Lack of expertis

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Why many business fail early on

Lack of keeping records 

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Why many business fail early on

LACK OF WORKING CAPITAL 

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Why many business fail early on

POOR MANAGMENT SKILL

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Why many business fail early on

CHANGES IN THE BUSINESS ENVIRONMENT 

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