Business Sectors

Topics: Public sector, Economics, Government Pages: 2 (282 words) Published: February 17, 2007
Task 1
The main classification of businesses is into the primary, secondary, tertiary sectors.

I have chosen 5 Businesses which are:

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

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

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

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
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....
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • service sector Research Paper
  • business Essay
  • The type of business, purpose and ownership of two contrasting business Essay
  • the business environment Essay
  • Public Sector vs. Private Sector Essay
  • Legal Issues in Business Research Paper
  • Engineering Sector Essay
  • can corruption be curbed in the public sector Research Paper

Become a StudyMode Member

Sign Up - It's Free