Overview Of Business

Head of modern life

Affects through wide scope
Production & Supply of goods and services
Tax revenue
An economic activity
Types Of Business

 Service industry
 Mfg business
 Trade
 Retailing and distribution
 Financial
 Information business
 Utilities
 Agro n mining
 Transportation
 Real Estate
Services Enterprises
 Services provided to customers
 Services provided to Govt. and to
individual
 It provides intangible goods or
services
 Annual growth rate 28%
 Two types of services enterprise
 Commercial enterprise
 Personal service enterprise
Manufacturing Business

 Major share in industrial sector

 Its products are:-

Analytic, Synthetic, Conditioning,

assembling etc.
Products are sold at particular prices
to earn profit.
Trade

 One of type of business

 Willing exchange of goods and
services
 Commerce
 Barter system and Modern trend
 Wholesale and retail
Globalization

 It is turning point of Indian economy

 Decision of globalization was very
conflicting
 Globalization is the process of
integration across societies and
economies
 It includes flow of products, services,
labor, finance, information and ideas
across national borders.
…..

 Global integration depends on

following factors:

 Transportation
 Communication &
 Technology
Advantages of Globalization
 Market size increased
 Business widened
 Excellence in output has increased
 Collaboration increased
 Business merging increased
 Increased free trade between nations
 Greater flexibility to operate across border
 Employment opportunity increased
…..

 Greater ease and speed of

transportation for goods and people
 Reduction of cultural barriers
 Spread of democratic ideals
 Reduction of likelihood of war
between developed nations
 Increase in envt. protection
Disadvantages of globalization

 Increased flow of skilled & non-skilled

job
 Spread of materialistic lifestyle and
attitude
 Increased likelihood of economic
disruption
 WTO infringe on national and individual
sovereignty
…..

 Increase in chances of civil war

within developing countries
 Increase in open war between
developing countries
 Traditional trade system faces
survival problem
 Environment is in great trouble due
to extreme industrilization
…..

 Labour force is reduced due to more

automation
 Limitation in investment on
marketing & advt.
 Multinationals are making indian
habitual of using their products
IPR

 Creation of human mind

 IPR may be protected at law as like
property
 It relates with copyright, trademark,
patent etc.
 It gives creators exclusive rights to
creations.
 WIPO World Intellectual Property
Rights Day April 26
…..

 Head office of WIPO at Geneva

 Establishment in1967
 Helps to increase creative activity
 Foundation of knowledge based
economy
Types of IPR

 Copyrights
 Trademarks
 Geographical indication
 Industrial designs
 Layout designs of integrated circuits
 Trade secrets
 Patent
 Plant varieties
Questions..

 What are the type of businesses?

 What is globalization?
 State the disadvantages of
globalization.
 Explain the types of IPR.
THANK YOU…