INDUSTRIES MOST SMALL

BUSINESSES ARE ESTABLISHED

Entrepreneurship – Lesson 7

Topics to be

Discussed…………..

Retail Trade / Wholesale Trade

Services

Small Manufacturing Enterprises

Handicrafts

Agriculture, agro based products, fisheries

and livestock

Services

Service enterprises are not engaged in buying

and selling.

Rather, they are engaged in providing services

to people and organization.

Example: barber shop, restaurant, tour

operators, travel agency, dentist shop, shoe

repair shop, photographer shop

Small Manufacturing

Enterprises

Small manufacturing enterprises engage in

basic manufacturing activities that do not

involve complex processes or technology.

Also they may not involve huge capital.

Example: bread making enterprises, soap

making enterprises, note book making

enterprises.

Handicrafts

Handicrafts are mostly defined as "Items made

by hand, often with the use of simple tools,

and are generally artistic and/or traditional in

nature.

They are also objects of utility and objects of

decoration.

Agriculture, agro based products,

fisheries and livestock

Farming and cultivation of various crops and

vegetables is called agriculture and the

processing and the sale of the fruits and other

cultivated products refers to agro based

business.

Agriculture, livestock (animal farms) and

fisheries are among the oldest and most

important sectors of the Omani economy.

Oman is one of the main fish-producing

countries in the gulf region and the fisheries

sector is among its most promising sectors.

Retail Trade / Wholesale Trade

Retail trade refers to the sales of goods in

small quantities directly to the customers.

Retail establishments are often called shops or

stores.

Example: Departmental stores, shops selling

Gifts, perfumes and chocolates, cloths and

garments (online retail)

Reviewed…………..

Retail Trade / Wholesale Trade

Services

Small Manufacturing Enterprises

Handicrafts

Agriculture, agro based products, fisheries

and livestock