business studies

1. Introduction to business
management
1.1

2. Session 1
• Role of the business
• Needs and wants/ goods and services
• Business activity (inputs – outputs)
• Resources inputs

3. The Role of business
• Business aim to meet the needs and want of individuals or
organizations through creating a product or providing a service.
• What is the difference between goods and services?

4. Write a list by things you wish to have soon
Needs Wants
Food Phones
Shelter Fancy car
Self esteem Shoes

5. What do you need to start your business?

6. What did you need to start your business?
Sort your needs into these 4 resources
Human
Physical
Enterprise
Financial
investopedia.com/terms/
f/factors-production.asp

7. Business activity
inputs – production – output
Human
Physical
Enterprise
Financial

8. Questions
1- services are tangible products.
2- the company that ship your order provides a good.
3- the business idea is considered as an enterprise resource.
4- real states companies provide a need.
5- the word product refers to goods only.
6- the call center agent provides a service.

9. Session 2
• Business functions
• Business sectors

10. Group work
Think about a business idea based on wants or needs and
Discuss what are the functions needed to run your business and achieve the
business goal (the roles needed)

11. What are the departments that any
company needs

12. Business functions
• Human resources
• Recruit people, train them at times dismiss them and determine appropriate
compensation.
• Finance and accounting
• Forecast requirements, keep accurate records, procure financial resources from
various providers and ensure proper payment for goods and services.
• Marketing
• Use appropriate strategies to promote the goods and services.
• Operation management
• Control the quantity and flow of stock, determine appropriate methods of
production, and ways to produce the good or service more efficiently

13. Tea party
How does this happen at BIS?

14. Let’s take a look on different business sectors

15. What is the difference between sectors and
functions
• sector is section while function is what something does or is used
for.

16. Group work

18. Identify the goods and services provided by each of
the following and identify the common between
them
‫الشجيع‬ ‫مزارع‬

19. Do you think the improvement of business
stopped here?

20. Business sector
1- ………..
Keyword: ………….
Examples: …………..
2- ………….
Keyword: ………………
Examples:………….
3- ……………..
Keyword: ……………
Examples: ………….
4- ……………
Keyword: ………….
Examples: ………….
Be ready for the video and draw the
graphic organizer
https://youtu.be/jvbFgOepKUQ

21. Business sectors
• Primary
• Secondary
• Tertiary
• quaternary

22. Create a definition for each one based on your
understanding
• Primary sector
all raw material are required, can be by extraction, mining, fishing, hunting or trapping
• Secondary sector
• In this sector raw materials raw materials are processed, the goods can take many forms durable,
non-durable, consumer goods, and capital goods.
• Tertiary sector
• All services are provided in this sector, sometimes using manufactured products, can be financial,
leisure, healthcare, education, transport and security.
• Quaternary sector
• A sub group of the tertiary sector, provides services that especially focused on knowledge, e-
service, media, IT, and web based services.

23. (
َ‫ف‬ْ‫ط‬ُّ‫ن‬ ‫ن‬ِ‫م‬ َّ‫م‬ُ‫ث‬ ٍ‫ب‬‫ا‬َ‫ر‬ُ‫ت‬ ‫ن‬ِِّ‫م‬ ‫م‬ُ‫ك‬َ‫ق‬َ‫ل‬َ‫خ‬ ‫ي‬ِ‫ذ‬َّ‫ال‬ َ‫و‬ُ‫ه‬
ْ‫خ‬ُ‫ي‬ َّ‫م‬ُ‫ث‬ ٍ‫ة‬َ‫ق‬َ‫ل‬َ‫ع‬ ْ‫ن‬ِ‫م‬ َّ‫م‬ُ‫ث‬ ٍ‫ة‬
ْ‫م‬ُ‫ك‬ُ‫ج‬ ِ
‫ر‬
َ‫ت‬ِ‫ل‬ َّ‫م‬ُ‫ث‬ ْ‫م‬ُ‫ك‬َّ‫د‬ُ‫ش‬َ‫أ‬ ‫وا‬ُ‫غ‬ُ‫ل‬ْ‫ب‬َ‫ت‬ِ‫ل‬ َّ‫م‬ُ‫ث‬ ‫ا‬
‫ًل‬ْ‫ف‬ِ‫ط‬
َّ‫ف‬ َ‫و‬َ‫ت‬ُ‫ي‬ ‫ن‬َّ‫م‬ ‫م‬ُ‫ك‬‫ن‬ِ‫م‬ َ‫و‬ ‫ا‬‫ا‬‫خ‬‫و‬ُ‫ي‬ُ‫ش‬ ‫وا‬ُ‫ن‬‫و‬ُ‫ك‬
ُ‫ل‬ْ‫ب‬َ‫ق‬ ‫ن‬ِ‫م‬ ‫ى‬
ْ‫ع‬َ‫ت‬ ْ‫م‬ُ‫ك‬َّ‫ل‬َ‫ع‬َ‫ل‬ َ‫و‬ ‫ى‬ًّ‫م‬َ‫س‬ُّ‫م‬ ‫ا‬
‫ًل‬َ‫ج‬َ‫أ‬ ‫وا‬ُ‫غ‬ُ‫ل‬ْ‫ب‬َ‫ت‬ِ‫ل‬ َ‫و‬
َ‫ون‬ُ‫ل‬ِ‫ق‬
[.)
٢
]

24. Business sector
Primary Secondary Tertiary Quaternary
(
ُّ‫ن‬ ‫ن‬ِ‫م‬ َّ‫م‬ُ‫ث‬ ٍ‫ب‬‫ا‬َ‫ر‬ُ‫ت‬ ‫ن‬ِِّ‫م‬ ‫م‬ُ‫ك‬َ‫ق‬َ‫ل‬َ‫خ‬ ‫ي‬ِ‫ذ‬َّ‫ال‬ َ‫و‬ُ‫ه‬
ُ‫ث‬ ٍ‫ة‬َ‫ق‬َ‫ل‬َ‫ع‬ ْ‫ن‬ِ‫م‬ َّ‫م‬ُ‫ث‬ ٍ‫ة‬َ‫ف‬ْ‫ط‬
َّ‫م‬
ُ‫ش‬َ‫أ‬ ‫وا‬ُ‫غ‬ُ‫ل‬ْ‫ب‬َ‫ت‬ِ‫ل‬ َّ‫م‬ُ‫ث‬ ‫ا‬
‫ًل‬ْ‫ف‬ِ‫ط‬ ْ‫م‬ُ‫ك‬ُ‫ج‬ ِ
‫ر‬ْ‫خ‬ُ‫ي‬
‫ا‬‫خ‬‫و‬ُ‫ي‬ُ‫ش‬ ‫وا‬ُ‫ن‬‫و‬ُ‫ك‬َ‫ت‬ِ‫ل‬ َّ‫م‬ُ‫ث‬ ْ‫م‬ُ‫ك‬َّ‫د‬
‫ن‬َّ‫م‬ ‫م‬ُ‫ك‬‫ن‬ِ‫م‬ َ‫و‬ ‫ا‬
ُّ‫م‬ ‫ا‬
‫ًل‬َ‫ج‬َ‫أ‬ ‫وا‬ُ‫غ‬ُ‫ل‬ْ‫ب‬َ‫ت‬ِ‫ل‬ َ‫و‬ ُ‫ل‬ْ‫ب‬َ‫ق‬ ‫ن‬ِ‫م‬ ‫ى‬َّ‫ف‬ َ‫و‬َ‫ت‬ُ‫ي‬
ُ‫ل‬ِ‫ق‬ْ‫ع‬َ‫ت‬ ْ‫م‬ُ‫ك‬َّ‫ل‬َ‫ع‬َ‫ل‬ َ‫و‬ ‫ى‬ًّ‫م‬َ‫س‬
َ‫ون‬
[.)
٢
]
Adapting and Development

25. Questions
• Any business that provides service is considered as tertiary.
• Secondary sector is a sub group of the tertiary sector.
• Its impossible to use manufactured products in the tertiary sector.
• Hunting and fishing are under the primary sector.
• The operations team Recruit people, train them at times dismiss them
and determine appropriate compensation.
• Marketing department Use appropriate strategies to promote the
goods and services.

26. Session 3
• Entrepreneurship and intrapreneurship
• Reasons for starting up a business
• Discussing steps of starting a new business
• Highlighting the problems that might face any new business
• Mentioning the elements of the business plan

27. • What do u prefer more; starting your own business or work for
someone’s business?

28. Entrepreneur Intrapreneur
https://www.youtube.com/watch?v=92ZmzD70sOU

29. Entrepreneur and intrapreneur
• The term intrapreneurship refers to a system that allows an
employee to act like an entrepreneur within a company or other
organization
• Entrepreneur: is someone who is self employed
• Both want to create a start up, either for a new product or for a
whole new business.
• Innovation comes in one of three forms
1- market reading
2- need seeking
3- Technology driving

30. Reasons for starting a business

31. What are the steps that you followed to
start your business?

33. Group activity
open the book page 11.12.13

34. Problems of starting a new business

35. Competition time
speed game (yes or no)

36. Questions
• The first step to start a business is raising finance.
• The launch of the business happens in the 3rd stage (planning the
business)
• The market research helps in refining the business
• Raising finance is the last step
• an Intrapreneur: is someone who is self employed

37. Summary
Human
Physical
Enterprise
Financial
Resources functions Sectors

38. Problems a new business may face
• Unskilled labor
• Poor planning
• Legal recruitments
• Poor accounts keeping
• Unsuccessful launch
• Insufficient capital

39. Purpose of a business plan

40. Fill in your business plan

41. Elements and purpose of a business plan
• It’s a detailed statement of the short-term and long-term objectives, with
the analysis of the resources
• Elements
1. The idea, aims, and objectives.
2. Business organization
3. HR
4. Finance
5. Marketing
6. Operations

42. Summary
• Role of the business
• Needs and wants/ goods and services
• Business activity (inputs – outputs)
• Resources inputs
• Business functions
• Business sectors
• Entrepreneurship and intrapreneurship
• Reasons for starting up a business
• Discussing steps of starting a new business
• Highlighting the problems that might face any new business
• Mentioning the elements and purpose of the business plan