The main impression you will get from investigating business is the wide variety that you will find.
range of activitiy - industrial sectors
the activities carried out by business vary greatly. As we have seen, some businesses manufacture goods and others provide servicesm the general trend in the UK being for a decline in the manufacturing industry and growth in the number of service businesses. traditionallym business activity is classified into three interlinking inductrial sectors;
- Primary industrial sector - exctracting natural resources
this involves the extracting of natural resources - raw materials for use in the manufacturing process, examples are; mining and fishing.
- Secondary industrial sector - manfucturing products
this is the next stage in the production process; it involves the processing of raw materials into the manufactured product; fruit into pies and jam and wood into paper.
- Tertiary industrial sector - providing services
this third classification involves a business providing a service rather than a manufactured item; examples include resturants and shops.
these three sectors link together to form a chain of production.
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