Business Sectors

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INTRODUCTION
Task 1
The main classification of businesses is into the primary, secondary, tertiary sectors.

I have chosen 5 Businesses which are:
1.eBay
2.ASDA
3.Beekeeping
4.Oxfam
5.Potter

Primary:-
Extraction or collection of raw material natural
Resources e.g. Coal mining, oil rigs, farming, fishery, forestry mining.

Secondary:-
Manufacturing and construction taking things this may be from raw materials of other manufactures

Tertiary sectors:-
Service industries – providing services for other people financial services, estate agents, education, retail, transport, and destitution of goods.

EBay- this is a secondary business, this business sale items and products online

ASDA- this is a tertiary business because they sale products to customers and food customers want.

Beekeeping- this is a primary business because you're collecting naturally resource

Oxfam- this is a tertiary business they provide clothes for charity and help the people in need

Potter- this a secondary business because they make the pots and sale them to other customers Business Sectors

The 3 main business sectors are: -
•Private sector
•Public sector
•Voluntary/ not-for-profit sector

PRIVATE SECTORS
•Definition
Businesses owned and controlled by private individuals.
•Examples - Shops and stores of all sizes, builders, manufacturers and suppliers, such as Tesco, Toyota, FedEx, Nike. •Key goal
To make a profit

PUBLIC SECTORS
•Definition
Businesses owned or controlled by the government.
•Examples - All government departments, Local Authorities, The BBC, The Royal mail Group, The NHS •Key goal
To provide a range of services either free or below cost.

VOLUNTARY / not- for- profit sector
•Definition
Mainly charitable and voluntary organisations
•Examples - Oxfam, Friends of the Earth, Amnesty International, RSPCA •Key goal - To raise money to provide free goods and services for the needy....
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