A hawker sells toys for children . How will you describe this activity?
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Answer:
this is a business activity.
Business, because he produces raw materials and the excess one he sells it, it is an economic activity which is done regularly.
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(c) Business Activity
Explanation:
- Business activities comprise any activity that an organisation participates in for the "primary purpose" of profit making. This is a general concept which includes all of "company's economic operations" over the course of its existence. Company operations are continuing & centered on generating value for shareholders, involving working, purchasing, and funding activities.
- Business activities are any actions which a business undertakes with a view to making a profit. " Operating activities" contribute directly to the enterprise delivering its products to the consumer, comprising producing, shipping, marketing & selling; they generate much of the cash flow of the enterprise and significantly affect its profitability.
- Investing activities "relate to' the long-term use of capital, such as the acquisition or disposal of a property/piece of equipment, or "profits & losses" from "financial markets & operating subsidiaries" investments. Financing involves cash sources from banks or investors , the cash paid to shareholders, such as repurchases of securities pr dividend payments , and loan repayments
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