Business in the U.S. Economy Chapter 5.1 2012. Business & the Economy “The business of America is business” - Calvin Coolidge (Patron saint of the Tea.

Slides:



Advertisements
Similar presentations
Business Organization Intro to Business Chapter 5.
Advertisements

Business Organization
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 Business in the U.S. Economy Goals Describe the changing status of U.S. employment.
Describe the changing status of U.S. employment
Wealth, Income and Employment. The Profit Formula Profit = Revenue – Expenses Profit: the money left over after a business pays all of its expenses Revenue:
Business Organization
Business in Our Economy 10/23/14. Do Now Where do jeans come from?
BUSINESS ORGANIZATION
Chapter 6 Copyright © 2011 by Nelson Education Ltd. 1 Prepared by Norm Althouse University of Calgary Prepared by Norm Althouse University of Calgary.
Business Organization
Introduction to Business © Thomson South-Western ChapterChapter Business Organization Business in the U.S. Economy Forms of Business Ownership.
5 Economic Decisions and Systems 5-1 Business in the U.S. Economy
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 CHAPTER Business in the U.S. Economy Forms of Business Ownership 5-3.
Intro to Business Chapter 5 Business Organization
Measuring Economic Activity
Goals Describe the changing status of U.S. employment Discuss the role of business in the U.S. economy Describe three major types of businesses 5.1.
Chapter 2 Measuring economic activity
5 BUSINESS ORGANIZATION 5-1 Business in the U.S. Economy
Chapter 5: Business in the U.S. Economy
10/11/20151 Business Organization. 10/11/20152 Changing U.S. Job Market There are striking changes in employment & careers in the United States. Decline.
Business Organization Chapter 5. 6 Basic Activities of Business 1.Generate ideas 2.Raise capital (owners equity or loans) 3.Employing & Training personnel.
Business Organization Intro to Business Chapter 5.
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 5 SLIDE Business in the U.S. Economy Forms of Business.
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 5 SLIDE Business in the U.S. Economy Forms of Business.
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 CHAPTER Business in the U.S. Economy Forms of Business Ownership 5-3.
Introduction to Business © Thomson South-Western ChapterChapter Business Organization Business in the U.S. Economy Forms of Business Ownership.
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 5 SLIDE Business in the U.S. Economy Forms of Business.
Chapter 5.1 Business in the U.S. Economy 2012.
Introduction to Business © Thomson South-Western ChapterChapter Business Organization 5.
CORPORATE LEADERSHIP Analyze Career Opportunities in … CORPORATE LEADERSHIP Use the internet to learn more about careers in corporate leadership. Choose.
Chapter 7: Economic Growth and Development. 7.1 Defining Economic Growth A country’s standard of living depends on its ability to produce goods and services.
Chapter 5 Review. MC In a matrix organizational structure, (a) all employees with jobs related to the same function will work together (b) specific tasks.
Business in the U.S. Economy
Economic Systems Economics Book Chapter 2 (p ) (p ) Pages to read p , 29-31, © Judith Schieszer for use in Shawnee Mission School.
Chapter 5 Business Organization. 5-1 Business in the U.S. Economy  Goals:  Describe the changing status of U.S. employment.  Discuss the role of business.
Economic Systems. Economic System The way people decide to organize production, distribution and consumption. The decisions people must make about production,
Chapter 13 Marketing in Today’s World. BASICS OF MARKETING: (abbreviated as MKTG) MARKET- a group of customers who share common wants and needs. (NOTE:
Economic Systems Traditional, Command, Market, and Mixed.
Chapter 5: Business Organizations
Types of Businesses Producers Intermediaries Service Businesses.
BUSINESS ORGANIZATION
Business in Our Economy Chapter Five Introduction to Business.
Four Kinds of Businesses ExtractorsManufacturersMarketersService Business A business that grows products or takes raw materials from nature. Takes the.
Consumer and the Market Unit 3: Standard 8. Learning Target: (17) I can determine how the relationship between consumers and the market can affect the.
Phoenix Suns/DECA Workshop January 26, :30 pm – Senior Director of Marketing Workshop 7:00 pm – Phoenix Suns v. Charlotte – $44 – $59 – Free Gift.
1.02 ~ ECONOMIC ACTIVITIES AND CONDITIONS CHAPTER 2 MEASURING ECONOMIC ACTIVITY.
Introduction to Business © Thomson South-Western ChapterChapter Business Organization Business in the U.S. Economy Forms of Business Ownership.
Chapter Business in the U.S. Economy 2. Forms of Business Ownership 3. Organizational Structure for Businesses EQ: What are the major forms of business.
Intro to Business, 7e © 2009 South-Western, Cengage Learning SLIDE1 CHAPTER Business in the U.S. Economy Forms of Business Ownership 5-3.
Chapter 9: Labor Section 1. Copyright © Pearson Education, Inc.Slide 2 Chapter 9, Section 1 Objectives 1.Describe how trends in the labor force are tracked.
CHAPTER 5 Business In Our Economy. Goals ■DISTINGUISH the four basic kinds of businesses. ■RECOGNIZE seven kids of activities performed by businesses.
Business Organization
BUSINESS ORGANIZATION
Business Organization
5 Economic Decisions and Systems 5-1 Business in the U.S. Economy
Chapter 9: Labor Section 1
Business Organization
5 Economic Decisions and Systems 5-1 Business in the U.S. Economy
Business Organization
Business Organization
BUSINESS ORGANIZATION
Chapter 9: Labor Section 1
Chapter 1 : Lesson 3 Using Economic Models.
Chapter 9: Labor Section 1
$100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500.
Business Organization
Business Organization
Business Foundations Lesson 5-1: The Basics….
Presentation transcript:

Business in the U.S. Economy Chapter

Business & the Economy “The business of America is business” - Calvin Coolidge (Patron saint of the Tea Party) “The most important role of businesses is to make and distribute products and services needed by consumers, government, and other businesses” Agree or Disagree?

Employment Purchase Good and Services Compensate Owners and Investors Tax Payments *Make and distribute products and services needed by consumers* Roles of Business

Video Clips ABC News: The Future of Business The Workforce is Changing Mission Critical Workforce U.S. Economic Changes

ABC News: The Future of Business using Technology

Mission Critical Workforce

The Changing Workforce

Employment Data Essential for determining economic and employment trends at various levels Impacted by “baby boomers” jobs-report-continues-upward-trend

Percent of Businesses by Employee Size Source: U.S. Census Bureau

Pressures on the Employees Technology streamlined production and introduced cost-cutting procedures –Examples? Wages Work-week hours Opportunities Contingent workers

Will the jobs that interest you today be available in 10 years? Do today’s workers have more or fewer pressures on them than workers of the past? Why? ….Round Table….

Generating Ideas Raising Capital Employing and Training Personnel Buying Goods and Services Marketing Goods and Services Maintaining Business Records Business Activities

Producers –Builders & Product Manufacturers Intermediaries –Retailers and Wholesalers Service Businesses –Dentists, Baby-sitters, Delivery Service Types of Businesses

Producer

Intermediary

Service Business

Producer

Service Business

Intermediary

Service Business

Producer

Intermediary

Service Business

Producer

Intermediary

How does a manufacturer differ from an extractor? An extractor takes natural resources, such as oil or timber, for direct consumption or for use in developing other products. A manufacturer takes resources supplied by others and converts them into useable products. ….Round Table….

1.The largest number of U.S. businesses employ ___________ a.More than 100 people b.Between 50 and 100 people c.Between 10 and 20 people d.No employees other than the owner 2. Which of the following is NOT one of the common activities of all businesses? a.Producing goods and services b.Employing and training personnel c.Marketing goods and services d.Maintaining business records 3. A retailer is an example of a(n) __________ a.Extractor b.Producer c.Intermediary d.Service business Share the info… Answer & hand in before leaving please D. No Employees other than the owner A. Producing Goods and Services C. Intermediary

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

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