BUSINESS TRADE AND COMMERCE
BUSINESS , TRADE AND COMMERCE
All human activity classified into two
Economic activity
Non-economic activity
Economic activity
Are those activities which are undertaken with objective
of earning of money
Economic activity classified as
Business
Profession
Employment
Economic activity eg;
A doctor running in his clinic
A teacher teaching in school
A driver driving a truck
Non-economic activity
Are those activity which are undertaken for one’s
happiness pleasure and satisfaction
Eg are;
A mother cooking food for her family member
Visiting a temple
Helping a old man fir crossing the road
Playing game
Business;
It refers to all there economic activity which are concerned with the
production or purchase and sale of exchange of goods are service
with object of earning profit.
Characteristic or features of business;
Economic activity
BUSINESS , TRADE AND COMMERCE
All human activity classified into two
Economic activity
Non-economic activity
Economic activity
Are those activities which are undertaken with objective
of earning of money
Economic activity classified as
Business
Profession
Employment
Economic activity eg;
A doctor running in his clinic
A teacher teaching in school
A driver driving a truck
Non-economic activity
Are those activity which are undertaken for one’s
happiness pleasure and satisfaction
Eg are;
A mother cooking food for her family member
Visiting a temple
Helping a old man fir crossing the road
Playing game
Business;
It refers to all there economic activity which are concerned with the
production or purchase and sale of exchange of goods are service
with object of earning profit.
Characteristic or features of business;
Economic activity
