BUSINESS

AND IT'S
ENVIRONMENT
BY: RIYOJI CUENCA AND ERIANNE VALDEZ
 WHAT IS BUSINESS?
 the term business refers to buying and selling of goods. But in modern times, business
covers a wide and complex field of industry and commerce involving complex activities
related to both production and distribution. All these activities satisfy the diverse needs of
the society and also help generate profit of business firms or units.
KINDS OF
BUSINESS 
COMMERCE
-BUSINESS FIRMS, WHICH ARE ENGAGED IN BUYING AND SELLING OF GOODS AND SERVICES ARE CLASSFIED AS
COMMERCE
EXAMPLE OF COMMERCE​
EX
AND SERVICES
FOOD PANDA
AIRBNB
LAZADA
SHOPEE
NDUSTRY
-ARE THOSE THAT ARE MAINLY ENGAGED
IN THE PRODUCTION

-GOODS PRODUCED, WHICH ARE INTENDED

FOR ULTIMATE CONSUMPTION ARE
CALLED CONSUMER GOODS
 GENETIC INDUSTRIES- those involved in
INDUSTRY BUSINESS agriculture, forestry and fish culture
 INDUSTRY BUSINESS

EXTRACTIVE INDUSTRIES- those involved in the

extraction of goods from natural resources.
 INDUSTRY BUSINESS
MANUFACTURING INDUSTRIES- CONVERT RAW MATERIALS INTO FINISHED PRODUCTS.
INDUSTRY BUSINESS

CONSTRUCTION INDUSTRIES
 those engaged in building
infrastructures.
SERVICES
A SERVICE BUSINESS IS ONE,
WHICH SELLS SERVICE TO
THE BUYERS
SERVICES BUSINESS

RECREATION
SERVICES BUSINESS
PERSONAL
SERVICES BUSINESS
FINANCE
ENVIRONMENT
OF BUSINESS
FIRM
WHAT IS ENVIRONMENT

 The term environment includes all external forces which have an important bearing of

the functioning of the business.
-MEANS ALL OF
THE INTERNAL
AND EXTERNAL
FACTORES THAT
AFFECT HOW
COMPANY
FUNCTIONS
THE EXTERNAL
ENVIRONMENT
 THE TERM EXTERNAL ENVIRONMENT ARE FACTORS AND
INSTITUTION THAT ARE BEYOND THE CONTROL OF THE BUSINESS