Nature & Scope Of Commmerce

Component Of Business

Business

                        1. Commerce                    2. Industry

Industry

"Industry is the part of business which is connected with the production of goods and services".

Industry 

1.Primary            2.Secondary

Primary:

Primary industry is engaged in production or extraction of raw material, which is used in secondary industry .

Types of Primary Industry: 

1. Extractive Industry
2. Genetic Industry

Top Ten Countires For Business 2011

Singapore

New zeland

Hongkong

Norway

Canada

United kingdom

United state

Denmark

Ireland

Top Impoter Countries Of The World

• Guatemala
• Spain
• Colombia
• Netherlands
• Brazil
• Honduras 
• Hong Kong
• Italy
• China

Toper Expoter Countries Of The World

• Germany
• China (PRC)
• United States
• Japan
• France
• Italy
• Netherlands
• Russia
• United Kingdom
• Canada

Top Developed Countries Of The World

• USA
• CANADA
• UK
• JAPAN
• GERMANY
• FRANCE
• ITALY
• RUSSIA
• CHINA
• SOUTH KOREA

Top Poorest Countries Of The World

Zimbabwe
Liberia
Burundi
Somalia
Eritrea
Niger

Central African

Afghanistan

Top the Tops Countries of T he World

Toper Countries Of The World:

•     Norway
•     Qatar                    
•     Switzerland
•     Denmark
•     Australia
•     Sweden
•     United Arab Emirates
•     United States
•     Netherlands

Wacth vedio

Concept of Business

"Business is an enterprise engaged inthe production and distribution of goods for sale in market or rendering services for a prise"

1. The meaning and nature of business can also be explained with the help of flowing points:

• Business is a human activities:

Business is purely a human activity.Itis the human being who starts business,earn profit and manages different factors related to the business.

• Business is an social activity:

Business is an economic activity as it is concerned with the creation, attainment and consumption of wealth.