INTRODUCTION TO BUSINESS

Rehman Ali
Introduction to Bussiness
BS-Se (#011)
ID NO. 17011065-026
QUIZ#01
Submitting To
MAAM remissa
Q1: Evaluate the positive and negative effects of business
Positive/Good Impact on Community:
 Jobs: Business provides jobs for youth in the area.
 Jobs near Home: Business provides jobs near home so people don’t have to travel as far
to go to work.
 INTRODUCTION TO BUSINESS

 Big Business Helps Small Business: Big business helps small business survive and thrive
in the community.
 Recreation and Play: Business helps to promote/provide recreation in the community.
Negative/Bad Impact on Community:
 Space: Business takes over a lot of space and children have fewer places to play and
sometimes business takes over space where people were once living, forcing them to
move or migrate.
 Pollution: Business causes environmental pollution which has a great impact on health.

Positive/Good Impact on country:

 Jobs: Business creates jobs for the country.
 Raising Awareness: Business can make people aware of various things – including child
rights – through advertisements.
 Materials: Business produces products and service to meet the people’s needs.
 Exports: The country makes money through the exporting of business products.
 International Relations: Business helps the country build relations with other countries.
 Taxation: Business makes income through taxation.
 Disaster/Emergency Relief: Business can help during disasters or emergencies.
Negative/Bad Impact on country:
 Pollution: Business can pollute the environment through smoke, chemicals and sound.
 Keeping Children/Youth out of School: Business can lead children and youth away from
education.
 Corruption: Business can sometimes be corrupt.

Q2: How one can add value to the business.

Solution
They are the following way to add the value to your business.
 INTRODUCTION TO BUSINESS

First of all we establish the strategic role of information how the policy and the other rule of the
organization

Increase the value of the business by identify the real need of the customer

Segmented your market

We can add the value of the business to create a unique product they can cheap and according to
the customer requirements

Quality/loyalty of the customer base Choose my clients wisely – good clients tend to attract more
good clients, and vice versa. Be wary of chasing the money and exposing myself to volatile
customers, poor payers or disreputable outfits.
Opportunity for profitable growth Buyers want to see potential. If I maximize my growth before
selling, I am taking away future value. A difficult one to judge, but it’s generally more profitable
to sell when I still expanding.