Topic of Presentation

BUSINESS

Group members
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Business
The activity of making, buying, or selling goods

or providing services in exchange for money.

There are three elements of business.
a)

Exchange activity.

b)

Goods and Services.

c)

Profit .
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Forms of Business
1. Sole Proprietorshipp
2. Partnerships
3. Corporations

Sole Proprietorshipp
A sole proprietorship is the form of business in
which the business owned by one person.
Owner of this type is totally responsible of
the firm and there are unlimited liabilities .

The charactertics
Honest
responsible
hardwork
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Partnerships

A business organization which owned by two or

more persons manage and operate the business.

Both owners are equally personally liable for the
debts from the business.

Types of Partnerships
Limited partnerships-:
The type of partnerships in which a person has
limited liability .
Like invesment ,Shear profit etc ..

General partnerships:-

The type of partnerships in which a person has

unlimited liability .

Corporation
A legal entity that is separate and distinct

from its owners.

Corporations enjoy most of the rights and

responsibilities that an individual possesses;

that is, a corporation has the right to enter
into contracts, loan and borrow money, sue
and be sued, hire employees, own assets
and pay taxes.
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Motivate The Senior Person

Increase salary.
Pormotion.
Enrich their job contents.
Respect them.
Give them praise and recognition.
Respect among other staff.
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 Ask them to suggest on enhancement of profits.

Make them mentor for new comers.
Value their life experience.
A positive attitude.
The right tools and skills for the job.
Keep things fresh.
Reward good work.
Appreciate their effort.
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Step Of Consumer Buying Process

Step 1: Recognition Of Problem
This is often identified as the first and most
important step in the Customers Decision
Process. A purchase cannot take place without the
recognition of the need. So determine the need to
be required.
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Step 2: Information Search

Having recognised a problem or need, the next

step a customer may take is the Information

Search stage, in order to find out what they feel is
the best solution.

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Step 3: Evaluation of Alternatives

Consumers will evaluate different

products or brands at this stage on the

basis of alternative product attributes
those which have the ability to deliver
the benefits the customer is seeking.

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Step 4: Purchase Decision

The penultimate stage is where the

purchase takes place. Philip Kotler

(2009) states that the final purchase
decision may be disrupted by two
factors: negative feedback from other
customers and the level of motivation
to accept the feedback.
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Step 5: P ost-P urchase

B ehaviour
In brief, customers will compare

products with their previous

expectations and will be either satisfied
or dissatisfied.

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