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 ...