Economic Environment

A mind map on the topic Economic Environment.

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  • Economic Environment.
    • Sectors of Industry
      • Primary
        • Secondary
          • Industry that takes raw materials and makes a product e.g. food manufacturer, furniture maker.
        • Industry that gets raw materials e.g. farm, oil co., fisherman.
      • Tertiary
        • Industry that provides us with a service e.g. shops, delivery, advertising, bank.
      • These link together to make a chain of production.
    • Stakeholders
      • A stakeholder is anyone who is interested in a business.
      • Examples of stakeholder
        • Customers
          • Interested in
            • Good quality products and services.
              • Deals.
                • Reputation
          • Influence by
            • Passing good/bad reviews.
            • Buying products/not buying anything.
  • Industry that takes raw materials and makes a product e.g. food manufacturer, furniture maker.

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