6 Areas of Business Business 10 Weidmann.

Slides:

Advertisements

Similar presentations

Determining the correct price

Advertisements

Chris Banman Fall Providence College.

Objective: Understand the six activities/functions that are critical to operating a business.

Analyzing Marketing Environment

For use only with Perreault/Cannon/McCarthy or Perreault/McCarthy texts. © 2008 McGraw-Hill Companies, Inc. McGraw-Hill/Irwin Marketing’s.

What is relationship marketing Relationship marketing is the process of building and maintain long-term relationships with customers. Companies have.

Key Environments Marketing Environment

Understand the purpose and the functions of business Purpose and Functions of Business.

Issues in Telecommunications

Business Organization Honors Finance Introduction.

A Global Managerial Approach Basic Marketing. CHAPTER ONE CHAPTER ONE Marketing’s Value to Consumers, Firms, and Society.

12 Functions of Food Service

Environments of LSOs. Environments is the term used to describe the context in which business is carried out. There are two main environments: Internal:

Objective 1.01 Understand the purpose and the functions of business Purpose and Functions of Business.

BY: KARUNA SHARMA Karuna Sharma. ENVIRONMENT Environment is our surrounding. The surroundings or conditions in which a person, animal, or plant lives.

Budgets and Businesses Workshop. Budget: is a plan that shows income, spending and saving. Income: Spending: Saving:

Economics Making a budget ONE thing that every good money manager does is make a budget.

Why do you need to hire business consultants?

Click here to advance to the next slide.

Strategy and Sales Program Planning

SELECTING A TYPE OF OWNERSHIP

Marketing 2 section1.

Software Solutions for E-Business

The nature and character of the exchange process

Sports and Entertainment Marketing

ENTREPRENEURS IN A MARKET ECONOMY

Microeconomics VS Macroeconomics

Objective 1.01 Understand the purpose and the functions of business

FREE ENTERPRISE SYSTEM & SUPPLY AND DEMAND

Factors Affecting Profit

Principles of Marketing

PROFILE Sales Knowledge Market Knowledge Company Knowledge Customer Knowledge Competitors Knowledge.

Global Entrepreneurship and Small Business Management

Understand the purpose and the functions of business

Review for Strand 1 TEST.

Prof. R. Michelfelder, Ph.D. Fall 2016 Outline 1

Marketing Mix Introduction.

Objective 1.01 Understand the purpose and the functions of business

Objective 1.01 Understand the purpose and the functions of business

THE MARKETING ENVIRONMENT

6.1 – Circular Flow of Income

Inflation Rising prices.

4.01 Understand financial planning.

Accounting and Business

Structure Account Analysis Own Position Business Development

Marketing Unit 3.

Ch. 13 Marketing in Today’s World

Supply and Demand Economics Pt. 2, Lesson 1.

The Circular Flow Model

Marketing Plan: SnakPak

Market Effects of Changes in Demand or Changes in Supply

C. Financing a Small Business

Marketing & Sales Strategy & Planning.

Global Entrepreneurship and Small Business Management

Demand Section 1 – Nature of Demand

Objective 1.01 Understand the purpose and the functions of business

Systems & Technologies of Business Intelligence

Objective 1.01 Understand the purpose and the functions of business

Standard: Students will examine and analyze economic concepts such as supply, so that they may understand the production, distribution, and consumption.

Understand the purpose and the functions of business

FW Product and Base Processes

Objective 1.01 Understand the purpose and the functions of business

Eman Azmi The Art of Selling Training Expert (IFC, PMEC)

Principles of Marketing

Command, Traditional, Market

© 2011 South-Western | Cengage Learning Global Entrepreneurship and Small Business Management Entrepreneurial Enterprises The Business Plan.

Demand Prices within our economy are set by supply and demand.

Presentation transcript:

6 Areas of Business Business 10 Weidmann

Research and Development (R&D) Companies look to Create new products (innovation) Adjust/ Change existing products (Regenerate)

Marketing Research what the customer wants Increase demand for the product or service through Advertising Get feedback from the customer on the product Pricing

Economics Understanding how supply and demand effects : Your business (Micro) The economy/ market (Macro)

Human Resources Hiring and Firing Creating an effective team Selecting Management* Selecting Reliable Employees

Sales Networking with clients Selling products or services to customers Maintaining relationships with suppliers

Finance/ Accounting Money management Pricing Determining income Paying employees/ suppliers

Which Area of Business is the MOST Important and WHY??? Discuss with a partner, then present to the class.