INTRODUCTION TO BUSINESS: EIGHT AREAS OF BUSINESS MR. MARTINE BUSINESS CLUSTER CLASS WEEK 1 GRADE: 9 Press start to begin

MAIN MENU Click on each picture or link to learn more information on each area of business. We will be discussing each of these fields throughout the semester. Marketing Business Education Management Economics Information Technology Accounting Personal Finance Commercial Law Click above to take post test

MARKETING Marketing is defined as the action or business of promoting and selling products or services, including market research and advertising. Marketing also branches into many other fields such as: Advertising Sales Consumer Behavior Management Public Relations Click above to go to main menu

MANAGEMENT Management is the process of reaching organizational goals by working with and through people and other organizational resources. Management has three important characteristics: It is a process or series of continuing and related activities. It involves and concentrates on reaching organizational goals. It reaches these goals by working with and through people and other organizational resources Click above to go to main menu

ECONOMICS Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get what they want or accomplish certain goals. There are two branches of Economics: Microeconomics focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders Macroeconomics analyzes the economic activity of an entire country or the international marketplace. Click above to go to main menu

INFORMATION TECHNOLOGY MANAGEMENT (ALSO CALLED IT OR IT MANAGEMENT) IT Management is the disciplines whereby all of the information technology resources of a firm are managed in accordance with its needs and priorities. fastest IT Management is the fastest growing business discipline. IT Management branches into many other fields such as Marketing and Economics. Click above to go to main menu

ACCOUNTING Accounting is the recording of financial transactions plus storing, sorting, retrieving, summarizing, and presenting the information in various reports and analyses. Accounting focuses on four basic financial statements: Balance Sheet Income Statement Statement of Retained Earnings Statement of Cash Flows Click Above to go to main menu

BUSINESS EDUCATION Business Education involves teaching students the fundamentals, theories and processes of business. Education in this field occurs at several levels elementary, secondary, and higher education Courses thought in high school business programs include but are not limited to: Accounting Marketing Business Cluster Computer Apps Business Math Economics Click above to go to main menu

PERSONAL FINANCING Personal financing is the financial management which an individual or a family unit is required to do to obtain, budget, save, and spend monetary resources over time, taking into account various financial risks and future life event. Four Key Personal Financing Tips Start investing early Let your money work for you Use Credit Cards Sparingly Always create a Budget!!! Click above to go to main menu

COMMERCIAL LAW (AKA: BUSINESS LAW) Commercial law, also known as business law, is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales. It is often considered to be a branch of civil law and deals with issues of both private law and public law. Tort- a wrongful act or an infringement of a right (other than under contract) leading to civil legal liability. Click above to go to main menu

POST TEST CLICK THE START BUTTON TO BEGIN THE POST TEST THERE ARE THREE QUESTIONS Click the start button to begin

POST TEST: CLICK ON THE BEST ANSWER 1. Hunter works at XYZ Company he is doing research on the dynamics between buyers and sellers. What branch of economics is Hunter studying? A. Macroeconomics Macroeconomics B. Microeconomics Microeconomics C. Mastereconmics Mastereconmics D. Market economics Market economics

POST TEST Sorry Macroeconomics is incorrect. Macroeconomics is defined as an analyzes of the economic activity of an entire country or the international marketplace. Please Try again Click above to go back to question

POST TEST Microeconomics is the correct answer please click the forward arrow to proceed to the next slide. Click above to go to question 2

POST TEST Sorry mastereconmics is not the correct answer. Mastereconmics was not mentioned in the presentation. Please try again. Click above to go back to question

POST TEST Sorry Market economics is not the correct answer. Market economics is defined as an economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's citizens and businesses and there is little government intervention or central planning. Please Try again Click above to go back to question

POST TEST: CLICK ON THE BEST ANSWER Mike is in ninth grade and wants to study the fastest growing business discipline. Which discipline should Mike study? A. Personal Financing Personal Financing B. Commercial Law Commercial Law C. Business Education Business Education D. Information Management Information Management

POST TEST Sorry Personal Financing is not the fastest growing business field. Please Try Again Click above to go back to question

POST TEST Sorry Commercial Law is not the fastest growing business field. Please try again Click above to go back to question

POST TEST Sorry Business Education is not the fastest growing field. Please Try Again Click above to go back to question

POST TEST Correct Information Management is the fastest growing field in business. Please Click the arrow to proceed to the next Post Test Question Click above to go to question 3

POST TEST not 3. Which is not a key tip for personal planning? A. Use credit cards sparingly Use credit cards sparingly B. Always create a budget Always create a budget C. Start investing late in life Start investing late in life D. Let your money work for you Let your money work for you

POST TEST Sorry we should always use our credit cards sparingly Please Try Again Click above to go back to question

POST TEST Sorry we should always create a budget. Budgeting is a key part of business activity. Please Try Again Click above to go back to question

POST TEST Correct we should always start investing early in life. Please click the arrow button to move forward. Click above to move forward

POST TEST Sorry you should always “let our money work for you”. Please Try Again Click above to go back to question

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