Classification of Businesses

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  • 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.


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