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Business Studies Curriculum Preview

Business Studies Curriculum Preview. Ms Uzma Jameel Lodhi Grade 11, Room 22 August 2011-May 2012. Business aims and Activities.

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Business Studies Curriculum Preview

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  1. Business StudiesCurriculum Preview Ms UzmaJameelLodhi Grade 11, Room 22 August 2011-May 2012

  2. Business aims and Activities The aim of a business in the private sector is to survive by making a profit. This may be a sole trader working alone, like a newsagent, or thousands of shareholders in a large Public Limited Company. Businesses gain a larger market-share by increasing the sales of their products against competitors. This may involve reducing prices. To win the loyalty of customers and encourage repeat sales [Customers returning to buy the product from the same business], businesses need to be reliable and provide a quality service to their customers.

  3. Private sector activities The activities of industry can be divided into stages – primary, secondary and tertiary production. These stages form the chain of production and provide consumers with the finished goods.

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