Introduction to Business Studies

Slides:



Advertisements
Similar presentations
Determining the correct price
Advertisements

Theories of Imperfect Competition Major Contributors: –Piero Sraffa ( ) –Joan Robinson ( ) –Edward Chamberlin ( ) Sraffa’s 1926.
Market research and analysis
MICROECONOMICS PREPARED BY: Dr. Mohammad Zedan Salem.
An Exploration of the Microeconomic Structure of the Academic Research Market: Perfect Competition Jeffrey Litwin May 30, 2007 CSSHE, Saskatoon.
Review Introduction HL SL May 24 Collect portfolio– folder Hand out diagram Production possibility curve for basic econ problems and factors of production7-12.
Copyright 2006 – Biz/ed Introduction to Business Studies.
Reactive and Proactive Strategies Adaptation to –Environments – Market (Economic) Structure: 4 Basic Types: Free and Perfect Competition, Monopoly, Monopolistic.
Revision Cards. 1. Why start a business? 1.What is an entrepreneur? 2.List the reasons for why people start up their own businesses? 3.What is a social.
CHAPTER 1: The Foundation of Business Sections: 1. Getting Down to Business 2. What is Economics 3. Perfect Competition Supply & Demand 4. Monopolistic.
Which curve is the demand curve? –Curve 1 Which curve is the marginal revenue curve? –Curve 2 Why? –For a monopoly to sell more, they must decrease price,
 A business is usually defined as a commercial enterprise  Some are run by only one person who carry out all of the required functions  Others employ.
BUILDING THE PRICE FOUNDATION C HAPTER 13. What is a Price?  Barter Price as an Indicator of Value  Value-pricing Price in the Marketing Mix  Profit.
Structure of a Business Plan
The marketing concept THE CUSTOMER PROMOTION Market analysis
Overview of Business June 4, What Is…? Business – An organization that provides goods and services to earn profits Profit – The positive difference.
Marketing Management Process (Cont’d) Marketing managers plan and implement a sequence of activities that help the firm achieve its goals.
Cluster BSBMKG502A & BSBSBM403A Marketing – Simulation © John Loftus.
Marketing Syllabus Instructor Abdel Fatah Afifi MA&T, MBA, PCT, ACPA 2 nd Semester 09/10.
It is the key to an understanding of our daily life ecology Waste Gold House&loan Bank linkMoney Nature Development Labour Why study economics ?
Overview of Marketing Class 23 Tuesday 11/15/11. Nature of Marketing To create value by allowing people and organizations to obtain what they need and.
Developing Marketing Strategies Chapter 7. Marketing Concept Three orientations Three orientations Customer Customer Goals Goals System System Meeting.
Entrepreneurship Mr. Bernstein Entrepreneurship and the Economy, pp 6-9 and Basic Economic Concepts, pp September 2015.
BUS101 Introduction to Business. Risks and Profits Business Goods Services Entrepreneur.
1 MARKETING THOUGHTS ….. 2 WHAT IS MARKETING? 3 MARKETING: Definition: (Adapted from Kotler 2000)
Marketing: An Introduction Pricing Products: Pricing Considerations and Strategies Chapter Ten Lecture Slides –Express Version Course Professor Date.
© 2013 South-Western, a part of Cengage Learning. All rights reserved. Chapter 1 | Slide 1 Chapter 1: Exploring the World of Business and Economics.
Warm Up: Why does competition influence price? Look over the products at your desks. Identify the firms’ competition in its industry (as a lot, a little,
“International Class of Accounting Education” ABDULLAH TAMAN, M.SI., Ak. Lecturer of Accounting Education Department Faculty of Economics YOGYAKARTA STATE.
Most Important Micro Graphs. Non-graph Concepts Comparative Advantage problems –Calculating opportunity costs –Calculating terms of trade Elasticity –Calculating.
Module 1 – Overview of Business. What Is…? Business – An organization that provides goods and services to earn profits Profit – The positive difference.
CDAE Class 25 Nov. 27 Last class: 7. Profit maximization and supply 8. Perfectively competitive markets Quiz 7 (take-home) Today: 8. Perfectly competitive.
Understanding Markets Key Terms. Compliments Products that are used together such as a toothbrush and toothpaste; increase in price of one decreases demand.
Chapter 29: Designing an effective marketing mix Influences on the Marketing Mix.
ECONOMICS OF TRAVEL &TOURISM
Target I can explain the characteristics of each stage of the product life cycle.
Economics Learning Steps 1/27&28/15. The Law of Demand And The Law Supply Test.
Economics Learning Steps 9/28/10. Standards & Elements SSEMI4 The student will explain the organization and role of business and analyze the four types.
Elements of a Marketing Plan situational analysis including SWOT and product life cycle establishing market objectives identifying target market developing.
Firms Overview  Perfect Competition and Monopoly= Extremes  Oligopolies and Monopolistically Competitive Firms= Dominate U.S. economy  Monopolistically.
Lecture 15, Chapter 13 Price Discrimination and Perfect Price Discrimination.
Marketing Winter INTRODUCTION SESSION 1 Tuesday, March
Perfect Competition Principles of Microeconomics Boris Nikolaev.
IGCSE Economics Theory of the firm Theory of the firm.
The most dangerous monopoly: When caution kills  Demand Differences.
B300B Policy Chapter 5 By: WASSIM ALWAN. Competition Policy.
ECO 365 Week 5 DQ 3 a.) What factors influence a firm's competitive strategies? b.) How does global competition affect the price elasticity of demand in.
Prof. R. Michelfelder, Ph.D. Fall 2016 Outline 1
CASE FAIR OSTER ECONOMICS P R I N C I P L E S O F
Active, Fundamental Risk Management
What is Business A business is usually defined as a commercial enterprise Some are run by only one person who carry out all of the required functions.
Theme 1: Marketing & People
Lecture on Building the Price Foundation
FIN 711 Competitive Success/snaptutorial.com
Marketing Management 2nd Edition
Sheraz Limited is a manufacturing company
Prof. R. Michelfelder, Ph.D. Fall 2016 Outline 1
إعداد القوائم المالية Preparation of Financial Statements
Targeting Strategies Defining an entire market for a product as the target market Designing a single marketing mix for the total market FIGURE 7.2 Copyright.
Market Structure Wrap-Up
Firms.
Monopoly Power Measuring Monopoly Power
Marketing & Sales Strategy & Planning.
for extra revision materials
Revision Cards.
Government and the Economy
Marketing Your Product/Service
Chapter- 2 AMALGAMATION OF PARTNERSHIP FIRMS
Unit 1 – Strategies Used in the Sports and Entertainment Industry
Microeconomics ECON 2302 Spring 2011
Presentation transcript:

Introduction to Business Studies

Introduction to Business Studies

Marketing

Market Analysis Size Segments

Marketing Strategy Objectives Niche v Mass marketing Portfolio analysis

Market Research Primary Secondary

Marketing Mix The 7 Ps Elasticity of Demand

Objectives and Strategy

Human Resources

Production/Operations Management

Accounting and Finance

Company Accounts Profit and Loss Account Balance Sheet

External Influences

Market Structures Oligopoly Monopoly Perfect Competition Imperfect Competition

The Macro-Economy Business Cycles Government Objectives Government Policies

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.