Business Studies | Unit 1 | Business an Introduction

This class is basically to understand the concept of business activities and its types and how it works.

Business is an economic activity for profit motive with exchanging goods and services. Customer satisfaction with a profit motive is the ultimate aim of business.
Business= commerce and trade. 

Commerce means to cover the gap between the point of production to point of consumption. 

Trade means buying and selling goods.

So business includes many industries also like primary industry having  (genetic and extractive) and secondary Indus having ( Analytical, synthesis, processing and assembly industry) and Teritarey Industry having (Banking, warehousing, Transporting Industry, communicating industries) 

This unit includes basically 3 chapters 

1.1 Introduction of business

1.2 Types of business activities

1.3 Business Risk. 

One chapter is deducted Basic History of commerce in India. 

This class is useful not only for 11th class students only but it creates a base for commerce students. 

So join my free class of 11th business studies, Unit 1 -  Introduction to business.