Business Sectors
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
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