Types of Activities Business Activities Manufacturing Sales Services
Manufacturing Producing (making) goods which are then sold, called capital goods or consumer goods. Capital goods: goods sold and used by a business Consumer goods: goods sold to and used by individuals for their personal use.
Sales Shops Wholesale Mail Order Internet Catalogues Markets
Services Internet Service Providers Financial Services Health Care Leisure and Sport Communications Transport
Trends that affect business activities New legislation and standards introduced by the government. Levels of spending by households and business. Social trends – which affect how people spend their money and time. Technological changes and advances. Competitors entering and leaving the market. The type of staff they can attract and wage rates.
TERTIARY SECTOR includes businesses involved in providing services, I.e. shops, mobile phone service provider and a hairdresser. INDUSTRIAL SECTORS PRIMARY SECTOR includes those businesses involved with growing or extracting materials from natural resources, i.e. farming, mining and forestry. SECONDARY SECTOR includes businesses involved in manufacturing and construction, perhaps using the products of the primary sector.
Industrial Sector (Supply Chain) PRIMARY SECTOR SECONDARY SECTOR TERTIARY SECTOR
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