An Inspector Calls

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  • Topic: Tertiary sector of the economy, Three-sector hypothesis, Business
  • Pages : 1 (362 words )
  • Download(s) : 62
  • Published : March 18, 2013
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1)The importance of business costs: costs are very important to all businesses. Managing and reducing costs is important because 2)Start-up costs & running costs: start-up costs are… three examples are… running costs are… three examples are… 3)Business sectors: businesses are grouped into three sectors according to what they do (activities). The primary sector involves… three examples are … the secondary sector involves … three examples are.. There tertiary sector involves… three examples are businesses depend on each other to produce goods for consumers. A product is produced with the help of all three sectors. For example… this is known as the … some businesses operate in all three sectors. An example is… most just operate in one or two. Examples of businesses that operate in two sectors are… examples of businesses that only operate in one sector are… 4)Start-up costs: comparison between businesses in different sectors: the types of start-up costs and the amounts can vary according to which sector businesses are in. businesses in the primary and secondary sectors such as… have very high/low start-up costs. This is because… however businesses in the tertiary sector such as… tend to have higher/lower start-up costs because… 5)Running costs: comparison between businesses in different sectors: running costs also depend on the sector the businesses are in. businesses in the primary and secondary sector such as… have high/low running costs. This is because … however businesses in the tertiary sector such as …. Tend to have higher/lower start-up costs because…. 6)Start-up costs: comparison between businesses in the tertiary sector: even businesses in the same sector can have different types and amounts of start-up costs. •Compare the start-up costs of 2 tertiary businesses. Explain why they might be the same /different 7)Running costs: comparison between businesses in the tertiary sector: the same applies to the running costs of businesses in the same sector....
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