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Business Studie

Business Studies examines the operation and management of businesses and their interactions with the economy and society. Key areas include business environment, ownership, operations, marketing, finance, human resource management, entrepreneurship, and customer service. The purpose of studying Business Studies is to develop entrepreneurial skills, understand job creation, make informed decisions, and prepare for business-related careers.

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66 views2 pages

Business Studie

Business Studies examines the operation and management of businesses and their interactions with the economy and society. Key areas include business environment, ownership, operations, marketing, finance, human resource management, entrepreneurship, and customer service. The purpose of studying Business Studies is to develop entrepreneurial skills, understand job creation, make informed decisions, and prepare for business-related careers.

Uploaded by

ligawacalvince
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Business Studies is the study of how businesses operate, how they are managed, and how they interact

with the economy and society.

It focuses on understanding activities that involve producing, selling, and delivering goods and services
to satisfy human needs and wants.

Main areas in Business Studies include:

1. Business Environment – Understanding economic, legal, and social factors that affect businesses.

2. Business Ownership – Types of business organizations (sole proprietorship, partnership, companies,


cooperatives).

3. Business Operations – How goods and services are produced and delivered.

4. Marketing – Promoting and selling products to customers.

5. Finance – Managing money, budgeting, accounting, and investment.

6. Human Resource Management – Managing workers, recruitment, training, and motivation.

7. Entrepreneurship – Starting and running a business, taking risks, and innovating.


8. Customer Service – Building and maintaining good relationships with customers.

Purpose of studying Business Studies:

To develop entrepreneurial skills.

To understand how businesses create jobs and wealth.

To make informed consumer and financial decisions.

To prepare for careers in business, management, or trade.

If you’d like, I can make you a short, exam-ready Business Studies summary that’s easy to memorize.

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