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Bus 210 Business Models and Systems

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Bus 210 Business Models and Systems
Business Models and Systems
BUS 210
Business Models and Systems
The three components of business are: Business Commerce, Business
Occupation, and Business Organization. Business Commerce is the
process through which people produce exchange and trade goods and
services. Business Occupation is the acquired set of specialized skills
and the abilities that allows people to create valuable goods and
service. Business Organization is the system of task and authority
relationship which coordinates and controls the interactions between
people so that they work towards a common goal. When you put all
these factors together you get a business system, which is the
combination of business, commerce, occupations, and organizations
that produces and distributes the goods and services that create value
for people in society. In my area there is a business that operates as a
pharmacy. It is owned and operated under a franchise name. The
owners are in a partnership with various members of the family,

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