the world of business
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The World of Business. Mr. Springhower March ‘07 Intro to Business. Business - 1 the buying and selling of goods , 2 a commercial enterprise such as a factory , store , etc. What constitutes a business?. Who are some famous business people?. - PowerPoint PPT PresentationTRANSCRIPT
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Mr. Springhower March ‘07Mr. Springhower March ‘07Intro to BusinessIntro to Business
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BusinessBusiness- 1- 1 the buyingthe buying and selling of goodsand selling of goods, , 22 a a commercial enterprise suchcommercial enterprise such as a factoryas a factory, , storestore, , etcetc
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What constitutes What constitutes a business?a business?
Who are some famous Who are some famous business people?business people?
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Business is something we Business is something we take part in every day.take part in every day.
-Grocery Stores-Music Stores-Hair Salons-Car Dealerships-Fast Food Restaurants-Real Estate Companies
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Some businesses have Some businesses have thousands of employees.thousands of employees.
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Other businesses have Other businesses have only one employee.only one employee.
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Famous Business Famous Business PeoplePeople
-Bill Gates Microsoft-Sam Walton Wal-mart-Henry Ford Ford Motor Company-John Deere J.D.Tractor Company-Dave Thomas Wendy's-Philip H. Knight Nike
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What are some What are some things that things that
these these individuals had individuals had
in common?in common?
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-Ingenuity-Ingenuity-Foresight-Foresight-Creativity-Creativity-Vision-Vision
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What is the main goal What is the main goal of a business?of a business?
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To earn a profit!!!To earn a profit!!!
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ProfitProfit – the excess of returns over expenditure in a transaction or series of transactions; especially : the excess of the selling price of goods over their cost
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All businesses must All businesses must remain profitable in remain profitable in order to stay open.order to stay open.
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What strategies does a What strategies does a business need to business need to
become and remain become and remain profitable?profitable?
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A successful product A successful product or service!!!or service!!!
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Industry knowledge, Industry knowledge, use of technology use of technology
and competent and competent employees!!!employees!!!
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A successful A successful marketing plan!!!marketing plan!!!
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All of these factors All of these factors combined will allow combined will allow
you to develop a you to develop a successful successful business!!!business!!!
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BibliographyAll Pics from Microsoft Office
Clip Art unless noted.
Page 2http://www.m-w.com/dictionary/profit
Page 8 http://www.Nike.comhttp://www.wendys.com/http://www.walmart.com/http://www.deere.com/http://www.microsoft.com/http://www.fordvehicles.com/
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Page 9http://www.hfmgv.org/exhibits/hf/http://en.wikipedia.org/wiki/Dave_Thomashttp://www.askmen.com/men/business_politics/29_philip_knight.
htmlhttp://en.wikipedia.org/wiki/Sam_Waltonhttp://www.microsoft.com/presspass/exec/billg/bio.mspx
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http://www.m-w.com/dictionary/profit
http://www.chevrolet.com/
http://www.maytag.com/catalog/category.jsp?cat=14