This document provides an overview of key business administration concepts in English, including:
1. It defines what a business is and describes their basic functions of buying inputs, producing outputs, focusing on efficient use of resources, and generating profit.
2. It outlines the three main types of industries - primary, secondary, and tertiary - and describes their distinguishing activities.
3. It identifies several internal and external factors that influence businesses, such as marketing, human resources, production/operations, accounting/finance, and external economic/legal conditions. For each area, it lists some of the main topics covered.
4. بالمساق خاصة معلومات
وصف
المساق ; الساعات
المعتمدة (3)
Developing the student, skills in reading and writing business administration terms, in English and
training them in composing business letters and reports.
6. للمساق العامة األهداف
1. Improving the students, skills in understanding the business
administration terms in English.
2. Training the student in field of composing and constructing
the letters and reports in business language..
11. What is Business
A business is usually defined as a commercial enterprise
Some are run by only one person who carry out all of the required functions
Others employ thousands of people and provide goods and services to
people all over the world
Each business can be defined or described by its type of ownership, the
goods produced or services offered,
the types of jobs provided, or the functions
it performs in a community
12. What do Businesses do?
Businesses are started by entrepreneurs who see a need, recognize the
opportunity, and go into business to meet that need
Business and people need each other – there are many stakeholders – we depend
on businesses for products and services, but also for employment
Buy inputs – raw materials, labour, machinery and equipment, and land
Produce outputs – goods and services
Focus on efficient use of resources
Generate profit/surplus
13. What Businesses Do
Who are the stakeholders? – Anyone who has an interest in the
success of a business
Customers
Managers
Employees
Owners
Local Community/Environment
Suppliers
Government
Creditors
15. Industry
■ A group of businesses that all produce similar products is called an
industry
Example: Automobile manufacturers and automobile parts is the
Automobile Industry
■ Separated into three categories – primary, secondary, and tertiary
16. Industry
• Those involved in the first stage of
development of products
• Harvest natural resources that are
later used to manufacture products
• Mining, fishing, agriculture, forestry,
and oil and gas extraction are all
primary industries
• Large amounts of money is needed for
research, equipment and machinery
• Automation reduces the need for
labour
Primary
Industry
17. Industry
• Manufacture raw materials into finished
products
• Gold and silver ores are refined and made
into jewellery
• Crude oil is refined into machine oil,
gasoline, and plastics
• Wheat is milled into flour and baked into
breads and cookies
• Technology innovations has led to
automation with computer assisted design
• Production is increasing using fewer
workers
Secondary
Industry
18. Industry
• Provide services to consumers and other
businesses
• Often involves selling or using products
produced by secondary industries
• Tertiary industries are rapidly expanding
creating job opportunities in service
occupations
• Due to advances in technology (including
electronics, communications, and computer
science and aerospace), an aging population,
busy consumers with less free time, and
consumer demand for higher quality services
Tertiary
Industry
21. Objectives and Strategy
Internal
and
External
Influences
Objectives
and Strategy
Human
Resource
s
Production
and
Operations
Managemen
t
Accounting
and Finance
External
Factors
Marketing
Legal Structure
• Sole Proprietor
• Partnership
• Corporation
Business Objectives
• Mission Statements
• Starting Business
Stakeholders
• Customers
• Suppliers
• Employees
• Communities
SWOT Analysis
• Strengths, Weaknesses, Opportunities,
and Threats