What is a Business? (U3 - AOS1 - Types of business)
In today's video, we're going to be talking about what a business is, and the key components that make up a business .
This video is an introduction to the various aspects, however for a better understanding please check out the links from the "Additional Reading" section below and continue on your learning journey.
Note: Videos have been made with international students in mind, as such if your finding the speed of speech slow, please increase playback speed to 1.25 in YouTube.
I hope the video takes you beyond the definition & helps to make the learning process a little more tangible. Please subscribe & feel free to share.
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Video Content
0:00 - Introduction to Business
Business definition
0:40 - Key components that make up a business:
0:52 - What are products?
1:10 -What are customers?
1:31 - What is marketing?
1:52 - What is finances?
2:11 - What is management?
2:33 - What are employees?
2:55 - Summary
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Came across a great saying:
“There’s no shortage of remarkable ideas, what’s missing is the will to execute them.” – Seth Godin
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Additional Reading:
Business
https://en.wikipedia.org/wiki/Business
What Is a Business? Understanding Different Types and Company Sizes
https://www.investopedia.com/terms/b/...
10 Components For A New Business
https://hustlephx.com/components-for-...
Four components of a successful small business
https://scalingdeep.com/successful-sm...
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School of Learning
Arnav Dutta
/ arnav-dutta-a2020a44
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