1. CHAPTER ONE
INTRODUCTION TO
BUSINESS ACTIVITIES
WHAT/WHO/WHERE/WHY/WHEN & HOW?
EBS Chapter 1

2. Businesses add value to the
community by:
Provide goods Contribute to wealth Provide jobs
and services to of country for people
people

3. TYPES OF BUSINESSES
Goods-producing Service
Produce goods that can be Produce services that CANNOT
SEEN and TOUCHED be seen or touched but can be
EXPERIENCED
Produce goods with the use of Services are performed when
machines and/or labour sellers interact with customers
Examples Examples
Creative Technology Ltd – Chan Brothers Travel – Travel
manufacture sound cards for and tourism
computers
Breadtalk – breads, pastries Jean Yip Hairdressing – for
and cakes hair treatments and services

4. Land Labour
Resources
Capital Enterprise
EBS Chapter 1

5. Personal Loan from family members
Savings or friends
Getting
Money
Trade Credit
*Pay your
suppliers later
Bank Loan
EBS Chapter 1

6. Interest Calculation
Interest
= Amount borrowed x Rate of interest
per year

7. What affects Businesses
Economic Demographic
Social
Technological Global
Political and legal

8. Competition
Direct Indirect
(Sells same/ (Sells products that meet
similar products) the same needs of customers)
Fast food McDonald Burger King TS Vision / Golden Village
Fast food KFC MosBurger Video Ezy
Petrol Shell Caltex Swensons’ McDonald
Movies Cathay Shaw
KFC Pizzahut
School Shoes Bata Converse
Smartphones Apple Blackberry
EBS Chapter 1