BUSINESS STUDIES

Question	Answer
BUSINESS_an activity of making, buying, selling or supplying goods/services for money with the aim of making a profit.	BUSINESS STUDIES_ a subject that equips people with the knowledge, skills and positive attitudes to enable them to succeed in business transactions as either buyers or sellers.
BRANCHES: -commerce -economics -accounting -management -entrepreneurship	CATEGORIES: -extraction -manufacturing -processing -construction -services -trade
IMPORTANCE OF B.Std: -identify & exploit opportunities -skills for future businesses -role of business in society -economic issues -business terminologies -wise buying & selling -intellectual abilities -managerial skills -nation-building -foundation for further studies	PURPOSE OF A BUSINESS: -earn profit -provide goods & services -provide employment -bridge gap -promote national development -provide competition -satisfy a hobby -prestige -be one's own boss

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	Created by lizzieimali almost 11 years ago