Classification of Businesses

View mindmap
  • Classification of Businesses
    • Tertiary Sector
      • Firms that supply a service to consumers and other businesses
      • Shops, Restaurants, Banks, Cinemas, Airlines
      • Tertiary sector business activity involves providing services to the final consumers of businesses.
    • Primary Sector
      • Firms whose business activity involves the extraction of natural resources
      • Farming, Fishing, Forestry, Mining
      • Primary Sector business activity involves extracting or harvesting natural resources from the land or sea. These include agricultural products such as rice, fish, wood, coal and oil.
    • Secondary Sector
      • Firms that process and manufacture goods from natural resources
      • Manufacturing refining Construction
      • Secondary Sector business activity takes the natural resources produced by primary sector activity and turns these raw materials into finished goods.


No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Classification of Businesses resources »