BUSINESS SPACE
Business Development
Entrepreneurs have carried out their business in accordance with their times, starting with
traditional patterns and entering today's internet era.
• Traditional patterns that are still manual are gradually changing to automation systems that
use advanced technology in their business processes.
• The process of change is called business evolution, which is the process of business
activities from time to time according to the conditions and developments of technology,
economy, social and cultural.
• Stage of business evolution
1. Colonial eras, 17th century and earlier. Business related to agricultural products and
plantations in rural areas.
2. The industrial revolution, from 1760 to 1850, changed the manufacturing process
using many manual workers with factory systems.
3. The era of entrepreneurship, the late 1800s, emerged as a reaction to the rejection of
the monopoly system by large businessmen and the introduction of anti-trust laws.
4. The production era, before the 1920s, experts in business organizations with the
concept of scientific management directed corporate management to focus on
production processes through task specialization and productivity improvement.
5. The marketing era, since the 1950s, developed a new business philosophy of
marketing that shaped consumer awareness, preferences, and tastes and was based
on the desire of customers and companies to provide them.
6. The global era, in the 1980s, saw businesses expand to various parts of the world
due to the ease of transportation and advances in computer technology, information
systems, production systems, and the increasing efficiency of international
distribution and financing systems.
7. The information age, in the 1990s, was due to the high number of internet users that
facilitated trade in all sectors of the economy and service sector and became an easy
and fast means of business to business.
Understanding of business
• Business activities are very helpful to businesses that meet the needs of the people by
companies.
• Businesses cover all aspects of activities to distribute goods through productive channels,
from buying raw materials to selling real goods..
• In essence, business activities includei
1. Trade
2. Carriage
3. Storage
4. Shopping
5. Information provision
• The word business comes from English, business. Business can be defined as the
misactivity of various institutions that produce the necessary goods and services in people's
daily lives.
• According to Jeff Madura, the business was created to produce products and services to
customers.
Business Development
Entrepreneurs have carried out their business in accordance with their times, starting with
traditional patterns and entering today's internet era.
• Traditional patterns that are still manual are gradually changing to automation systems that
use advanced technology in their business processes.
• The process of change is called business evolution, which is the process of business
activities from time to time according to the conditions and developments of technology,
economy, social and cultural.
• Stage of business evolution
1. Colonial eras, 17th century and earlier. Business related to agricultural products and
plantations in rural areas.
2. The industrial revolution, from 1760 to 1850, changed the manufacturing process
using many manual workers with factory systems.
3. The era of entrepreneurship, the late 1800s, emerged as a reaction to the rejection of
the monopoly system by large businessmen and the introduction of anti-trust laws.
4. The production era, before the 1920s, experts in business organizations with the
concept of scientific management directed corporate management to focus on
production processes through task specialization and productivity improvement.
5. The marketing era, since the 1950s, developed a new business philosophy of
marketing that shaped consumer awareness, preferences, and tastes and was based
on the desire of customers and companies to provide them.
6. The global era, in the 1980s, saw businesses expand to various parts of the world
due to the ease of transportation and advances in computer technology, information
systems, production systems, and the increasing efficiency of international
distribution and financing systems.
7. The information age, in the 1990s, was due to the high number of internet users that
facilitated trade in all sectors of the economy and service sector and became an easy
and fast means of business to business.
Understanding of business
• Business activities are very helpful to businesses that meet the needs of the people by
companies.
• Businesses cover all aspects of activities to distribute goods through productive channels,
from buying raw materials to selling real goods..
• In essence, business activities includei
1. Trade
2. Carriage
3. Storage
4. Shopping
5. Information provision
• The word business comes from English, business. Business can be defined as the
misactivity of various institutions that produce the necessary goods and services in people's
daily lives.
• According to Jeff Madura, the business was created to produce products and services to
customers.
