⚠️ LEWWINSKI.COM ⚠️
The main point of this class to learn essential information. Everything you learn further is based on this class. Watch more videos and read Lewwinski textbook at
0:00 Intro & objectives
0:52 Nature of business
9:47 Economic sectors
17:12 Startups
21:54 Back to objectives
Hello dear Instructor, your lectures on IB are very good and useful. Could you please share or how can I reach the ppt slides of your presentations? It will be very helpful to prepare to this course with the ppt slides. Thank you in advance!
ggs thx
Bro you are the hero of the every IB students who choose Business management, thx you
I hope I will pass my exam
00:03 The nature of business is to provide goods and services.
02:41 Inputs, processes, and outputs in business
05:10 Business functions include HR management, finance and accounts, marketing, and operations management.
07:37 Businesses have four functions that are equally important and work towards the same goal.
10:04 Economic sectors are categorized into four groups based on their nature of activity.
12:36 Economies go through stages of development
15:01 GDP refers to gross domestic product and its importance varies depending on sector dominance.
17:23 Entrepreneurship and intrapreneurship are important for starting and running businesses.
19:23 Starting a business involves several steps, including idea generation, business planning, finance, and trading.
21:22 Startups face challenges in running a business.
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A bit more info on BRICS: In 2006, Brazil, Russia, India and China created the "Bric" group. South Africa joined in 2010, making it "Brics". As of January 2024, Egypt, Ethiopia, Iran, and the United Arab Emirates (UAE) became members as well. Saudi Arabia is yet to officially join, but participates in the organization's activities as an invited nation.
Very good video, I am an iB student and my teacher is not the best, your video helped me a lot
i cannot imagine that i made 5pages of notes after seen this video, TMI hhhhhhhh, but really useful for a freshman in BM course!!
soviet monkeys
istgg….these videos are amzing….its structured as well as completely easy to understahdd…evn the worse concepts i understood wd these vidss….tysmmm!
Can a business belong to multiple sectors?
ty man
what if you wanna start a business as a form of taking revenge? how would you 'professionally' say that?
I'm a former BM teacher and was a half-decent one at that. These are exceptionally valuable resources for both students and teachers, well done!
Wow 2 year later And this cleared a lot of things for me who is just started .
i was recommended by my teacher to watch your video! he said that don't forget to give a thumb-up hahahahaha
Man, this is amazing! can't thank you enough for all your work. As someone interested in BM this is gold
very soft pls be closer to mic
Thank you for your fantastic videos! My students will learn a lot from them.