1. Halaman 1 Matakuliah: J0084 / Introduction to Management and Business Tahun: 2007 Versi: 1 / 3 Pertemuan 15 (Fifteenth Meeting) Motive & Function of Business

2. Halaman 2 Learning Outcomes Student should be able to implement ethical & responsible business decision making -> C3

3. Halaman 3 Learning Outline The Objective of Business Resources Used to Produce Products and Services The Stakeholders in Business The Environment of Business The Main Types of Business Decision

4. Halaman 4 1. Main Objective of Business a. Where does Profit Come From Profit = Income - Cost Three conditions: a. Demand b. Customer c. Efficient

5. Halaman 5 b. Profit as Motive to Understand Business: 1)You’ll find better job if you have strong business skill 2)You’ll discover that your job is enjoyable if you understand the relation between your job and your company & industry 3)Your performance will be better, so that you’ll be in the more satisfy career track 4)If you’ll invest later, you can identify type of prospective business

6. Halaman 6 1)In the United States and most other countries free to start the business 2)In the socialist countries like Sovyet Union business belongs to governments and not profit oriented c. How profit influenced by the government d. Non profit organization

7. Halaman 7 2. Resources Used to Produce Product and Services a.Natural Resources b.Human Resources d.Enterpreneurship c.Capital

8. Halaman 8 3. Stakeholders a.Proprietor b.Creditor c.Employee d.Supplier e.Customer

9. Halaman 9 Interaction among stakeholders Proprietor Company managed by employees CreditorSupplier Customer

10. Halaman 10 4. Business Environment a.Social Environment d.Global Environment c.Economic Environment b.Industry Environment

11. Halaman 11 5. Main Business Decision a.Management Decision b.Marketing Decision 1)Equipment 2)Employees 1)Products/Services 2)Price 3)Distribution 4)Promotion

12. Halaman 12 c.Finance Decision 1)Stock / liabilities 2)Long term / short term liabilities 3)Broadening investment

13. Halaman 13 How some Business Functions Increase the decision Making Business Decision relies on 2)Information System 1)Accountancy