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2
Objectives
• To identify the types of businesses.
• To identify departments within businesses.
• To describe the activities each department is
responsible for overseeing.
3
Main Menu
• Types of Businesses
• Human Resources &
Management
• Finance & Accounting
• Marketing, Production &
Distribution
5
Types of Businesses
• Are classified by the work activities
performed
• Include:−producers
−processors
−manufacturers
−intermediaries
−service firms
−non-profit organizations
6
Producers
• Develop products for distribution from raw
goods−raw goods are materials derived from natural
resources
• Examples include:−farming
−forestry
−mining
7
Processors
• Change raw goods into a more finished form
• Produce processed goods
• Examples include:−cotton mills
−oil refineries
−textile mills
−food processors
8
Manufacturers
• Change raw or processed goods into
finished goods
• Examples include:−juice factories
−clothing factories
−automobile
factories
9
Intermediaries
• Are referred to as the middleman
• Move finished goods from one business to
another
• Buy, store and resell goods
• Examples include:−wholesalers
• buy finished goods from manufacturers in large
quantities and sell them to businesses in smaller
quantities
−retailers• buy finished goods from manufacturers or
wholesalers and sell them directly to the
consumer
10
Service Firms
• Provide services to consumers and other
businesses
• Examples include:−beauty salons
−landscaping
companies
−plumbing
companies
11
Non-profit Organizations
• Provide goods and services to businesses
and individuals
• Operate on donations, volunteers and
philanthropists rather than income/profit
• Examples include:−Salvation Army
−United Way of America
−American Red Cross
−YMCA and YWCA