Sectors Of Industry Flashcards Preview

Business Management: Understanding Business > Sectors Of Industry > Flashcards

Flashcards in Sectors Of Industry Deck (4)
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1
Q

DESCRIBE the primary sector of industry

A

Any business which extracts raw materials from the earth e.g. Fishing, coal mining.

2
Q

DESCRIBE the secondary sector of industry

A

Any business which manufactures a product e.g. Construction.

3
Q

DESCRIBE the tertiary sector of industry

A

Any business which produces a service e.g. Restaurant, retail.

4
Q

DESCRIBE the quaternary sector of industry

A

Any business which provides a knowledge based or information service e.g. Research and development, insurance, computing, education.