Please enable JavaScript.
Coggle requires JavaScript to display documents.
Business & Commercial Knowledge, - Coggle Diagram
Business & Commercial Knowledge
Material Things
Retialer
Gifted
Producer
Paid
Producer-Wholeseller-Retialer-Consumer
3 Domains(features,scope)
Vast(Retail stores, Street Stalls, Malls, E-Comm)
Multidisciplinary/eclectic(Marketing, Finance, HR, Eco.)
Evolving & Expanding(Technology,B2b,B2C, Startups)
Bullish-Bearish
Importance of BCK
all streams of education
Product,Sales,Profit, Stock
CA
Advice Strategic & financial health of the co. only after understanding
Importance of BCK
Ever Changing International Relations
Economic Impact
Changing Business Strategies
Human Activities
Economic(Driven by Profits)
Non-Economic(Driven by Care for Others)
Characteristics of Economic Activities
Porductive(Supply Side)
Promote Consumption(Demand Side)
Income Generating
Add to Savings/Investments/Wealth
Economic Activity
Profession
Employment
Business
3 Layers of Business
Commerce
Specific Industry
Daily Occupations
Business
Production
Distribution
Trade/Exchange
Usual Occupation, Not one time activity
Profession(CA/CS/Lawyer/Doctor/Engineer)
Employment
Require minimum qualification
Fixed Periodic Compensation
Job Description
Employer-Employee
Contract of service
Characteristic of Business
Driven by profits
Systematic & Organised
takes time to pick-up +risk is high
Investment incentive
GDP incresaes
Creates Jobs