Business Studies, asked by hayzelfountes40, 1 year ago

Do ans this qs...pls I need it no tp plz....the best ans gets brain list mark and rate...its OC....

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Answers

Answered by varni66
1

Explanation:

1) The different type of human activites are

1)livestock keepin

2)deforestation

3)pollution

4)urban sprawl

5)over harvesting

2) Business is 'the organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs.' A business, then, is an organization which seeks to make a profit through individuals working toward common goals.

There are three key characteristics that must be met to have a business. First, businesses must be the result of individuals working together in an organized way. Second, businesses must satisfy a societal need. Third, businesses must seek to make a profit.

3)The term ‘Profession’ stands for an occupation which requires some specialised study and training, and the purpose of which is generally to provide skilled services and guidance in lieu of a definite fee or remuneration. A profession is a calling and implies acquisition of a fond of knowledge, range skills and their application in service of humanity.

4)Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee. Employees work in return for payment, which may be in the form of an hourly wage, by piecework or an annual salary, depending on the type of work an employee does or which sector they are working in.

5) The production side of business activity is referred as industry. It is a business activity, which is related to the raising, producing, processing or manufacturing of products.

6)an interchange of goods or commodities, especially on a large scale between different countries (foreign commerce) or between different parts of the same country

7)Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties. Trade can take place within an economy between producers and consumers.

8)Activities which are meant for assisting trade are known as auxiliaries to trade. These activities are generally, referred to as services because these are in the nature of facilitating the activities relating to industry and trade. Transport, banking, insurance, warehousing, and advertising are regarded as auxiliaries to trade, i.e., activities playing a supportive role. In fact, these activities not only support trade but also industry and hence, the entire business activity.

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