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Form 1 Business Studies Notes

Institution: Secondary Level

Course: Business Studies

Content Category: Form 1 Notes

Posted By: oriango

Document Type: PDF

Number of Pages: 62

Price: KES 290
 
    

Views: 51504     Downloads: 47

Summary

Form 1 teaching notes for Business Studies. Suitable for both students and teachers.

Brief introduction

CHAPTER ONE

INTRODUTION TO BUSSINESS STUDIES

Specific Objectives
By the end of the topic the learner should be able to:
a) Explain the meaning of business studies;
b) Explain the importance of business studies in society.
Content
a.) Meaning of business studies
b.) Importance of business studies in society
Introduction
Definitions
Business
The term business refers to any activity that is carried out by an individual or organization with an aim of
making a profit.
Business studies
This is the study of the activities that are carried out in and around production, distribution and
consumption of goods and services.
Goods
These are items or things that are tangible in that they can be touched and felt.
Services
These are actions or activities that may be sold and they are intangible.
Production
This is the Creation of goods and services or increasing their usefulness through activities such as
transporting them to where it is required. People who produce goods and services are called producers.
Distribution
.......................


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