Form One Business Notes On Production
This occurs when two independent business enterprises combine to form one large organization Levels of combinations Vertical combination. Characteristics of an entrepreneur.
Communication Form 2 Business Studies Notes Knec Kasneb Kism Ebooks Kenya Study Notes Business Studies Effective Communication
Click the button below to download the full Business Studies Form 1 Notes pdf document with all the topics.
Form one business notes on production. Classification of Goods and Services Produced in an Economy. THE SCOPE OF COMMERCE. Occupations related to production.
When we consume them production comes to an end. Business- Any activity that is carried out by an individual or an organization concerning provision of goods and services with a view to making profit 2. Form 1 Business Studies Notes.
Failure of production in one stage affects the entire process of production. Production can be started only with the help of labour. Wholesaler is a trader who buys in bulky large.
Utility_-is the ability of a good or services to satisfy human wants. By the end of the topic the learner should be able to. Is the studyexamination of the business activities in society.
Division of labour and specialisation. It means labour is the beginning of production. A Explain the meaning of business studies.
By the end of the topic you should be able to. Or producers and selling them to other business men in smaller quantity at lower price. A explain the meaning of production.
Primaryextractive level combines with secondarymanufacturinglevel or secondary level combining with tertiary level. Goods are produced to satisfy human wants. Form 1 Business Studies Notes.
A firm is a single business unit or enterprise under one ownership management and control eg. Classification of goods and services. These activities are related to the production of goods and provision of services-It can also be defined as the study of activities that are carried out in and around production distribution and consumption of goods and services.
COMMERCE FORM ONE STUDY NOTES -TOPIC 1. Its the creation of goods or provision of services to satisfy human wants It involves activities of transforming of materials into finished goods transportation and storage. When one party has well established brands and goodwill the other party gets its benefits.
Terms used in Business studies. Business Studies Notes Form 1 7 This category contains Business Studies Form 1 notes as aggregated from the various high school approved text books including KLB etc. Cdistinguish between direct and indirect pr.
The business is flexible. Quantity and quality of production. The trader can easily change from one form of business to another ie.
They can be touched and felt. Production - Business Studies Form 1. Labour is both the Beginning and the End of Production.
Goods- These are items that are tangible ie. B distinguish between different types of utilities. Content a Meaning of business.
Free goods and economic goods. It can be defined as the creation of goods and services or increasing their usefulness to become more satisfying. Ddescribe the levels of production.
INTRODUCTION TO BUSINESS STUDIES Objectives. Production activities include transforming raw materials into finished products transportation and storage. Business Studies- defined as the study of activities that are carried out in and around production distribution and consumption of goods and services 3.
These activities are related to the production of goods and provision of services-It can also be defined as the study of activities that are carried out in and around production distribution and. These Notes are suitable for KCSE and IGCSE revision. Business Studies Form 1 Pupils Book.
He starts and organizes the business the factors of production in appropriate combination. A firm is an individual enterprise or business unit under one control an ownership eg. Low cost of raw materials technically qualified workforce management professionals excellent manpower etc.
BUSINESS STUDIES FORM 1 NOTES BUSINESS STUDIES FORM 1 NOTES 100 Introduction to Business Studies 3 Lessons 200 Business and Its Environment 6 Lessons 300 Satisfaction Of Human Wants 9 Lessons 400 Production 12 Lessons 500 Entrepreneurship 17 Lessons 600 The Office 17 Lessons 700 Home Trade 30 Lessons CLICK HERE TO DOWNLOAD NOTES. The presence of land and capital alone cannot make production. B Explain the importance of business studies in society.
Helps to reduce cost of production and it results increased productivity. A business unit carrying the production of a good or service such as production of soap or a legal service firm. It covers the entire Business Studies Form 1 syllabus for the preparation of national and local exams.
Is a branch of production which deals with the exchange of goods and. Brief introduction CHAPTER ONE INTRODUTION TO BUSSINESS STUDIES Specific Objectives By the end of the topic the learner should be able to. This is when businesses engaged in different but successive levels of production combine eg.
CHAPTER FOUR OF FORM 1 BUSINESS STUDIES NOTES PRODUCTION. Download high school Business Studies Notes for form 1 2 3 and 4 in pdf and word. Low cost of production.
For class 11 business igcse notes 2018 business studies notes business studies form 4 notes form 2 business studies notes form one business studies notes business studies form 1 notes pdf kcse business studies revision notes business studies form 3 notes pdf business studies notes pdf download. Suitable for both students and teachers. Is the studyexamination of the business activities in society.
Form 1 teaching notes for Business Studies.
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