Page
  1. 1
    1
  2. 2
    2
  3. 3
    3
  4. 4
    4

Describe what is meant by the primary, secondary and tertiary classification of business activities. Give Examples of Each.

Extracts from this document...

Introduction

P2- Assessment practice (P) 1 A). Describe what is meant by the primary, secondary and tertiary classification of business activities: Primary sector: Definition: The Primary Sector involves the extraction of raw materials, such as coal, wood and steel. A coal minor and a fisherman would be workers in the primary sector because a coal miner takes coal from the ground, and the fisherman would takes out the fishes from the sea. Secondary sector: Definition: The Secondary Sector involves the transformation of raw materials into goods e.g. manufacturing steel into cars. A builder and a dressmaker would be workers in the secondary sector because they produce the goods to be sold by the tertiary sector. Tertiary Sector: Definition: The Tertiary Sector involves the provision of services to consumers and business, such as cinema and banking. A shopkeeper and an accountant would be workers in their tertiary sector because they are either selling a good or a service. B). In which classification would you place the coal industry: The coal industry goes into the primary business because it is mined from the ground and it is natural resources. c). suggest two or three local and national examples for each sector: The primary sector is declining because there are less primary businesses and less resources then back in the days, for example fossil fuels and oil that cannot be renewable. ...read more.

Middle

D). Suggest one reason why this change has occurred. This change has occurred due to technical advances, with better, efficient machinery and it is also cheaper because then they would have to pay wages to employee every month. E). How do you think this affects the price of coal- and why? (M2 part) This change would reduce the selling price of coal because there is less demand in the market for the coal and they are making too much. To sell the coal they are making, they have to sell it cheap so people buy it and it does not go to waste. (M) A). Identify six other areas of primary, secondary and tertiary business activities that have grown or decline in recent years. Local: J stringer & sons Park hall farm, Liverpool RD, Eccles, Manchester, Lancashire, M30 7RJ They work with other farmers, their family at barns that hold animals and equipment and they also work outside in all kinds of weather. This farm is located in Manchester, so it is local. Regional: W & K Bostock Moathouse Lane, Shustoke, Coleshill, Birmingham, west midlands, B46 2RL These farmers use machines to plant and harvest crops. This farm is located in Birmingham, Manchester, and Accrington. ...read more.

Conclusion

* These are in the tertiary sector because they all sell products which are produces by the secondary sector. B). Explain reasons for these changes (M2 part) Primary sectors are declining because there are less resources then before, for example fossil fuels and oil that cannot be renewable. The reasons for these changes in primary sector are that there are less people working for them because they have machines to replace the employees. The machines are cheaper because then they do not have to pay wages. The example of industries in this sector is farming, fishing, quarrying (Digging holes- taking metal out of the ground), gardening and oil drilling. The reasons for these changes in secondary sector are because more people are going aboard to make products. Where they might make cars, which is easy to set up there and it is cheaper. They do not have to pay that much wages to the employees working for them and they also can extend the employees time because they do not have contract which they follow. The example of industries in this sector is cars, Cadbury, Brewery (beer or alcohol drinks). The reason for the changes in Tertiary are because more people are providing service such as leisure services, Hairdressers, Pizza express, Mc Donald's, Subways, Top man or Top shop for women clothes. These all come under tertiary. ?? ?? ?? ?? arsalan ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Business, Companies and Organisation, Activity essays

  1. Business Studies

    > Products return to establishment phase in a new market > Increasing sales and profits in new markets will offset falling sales/profits in the home economy Operating reasons > Increasing efficiency and productivity > Lower costs through acquiring cheaper materials Achieve economies of scale > Allows reduction of costs through

  2. English for business

    Well then we agree / with some reservations. Well then we agree / unanimously. Well it seems that we are broadly in agreement that... Indicating follow up tasks. Do you think you could...? How about preparing some figures for the next meetings?

  1. Business studies - Business Plan

    There are many examples of secondary research official reports by the government, information from the Chamber of Commerce, company reports, the internet, reports by specialist companies and press reports. Before a questionnaire can be issued a type of sampling must be chosen, a sample is a small group of people

  2. This piece of coursework will be explaining the areas of growth or decline in ...

    services, retailing and communications industries have been the main increase in the tertiary sector. Today about 20 million people are working in the tertiary sector, making about 70% of the nation's output.

  1. Applied Business Unit 1

    Most employees at Asda also hope to improve themselves and their career so at Asda there are a lot of different grades of jobs to progress on to so promotion opportunities enable staff to progress within the company. Human Resources monitor their progress and also discuss their future promotions.

  2. There are three different types of industrial sector, primary, secondary and Tertiary. Examples of ...

    Secondary growth Builders RedRow is a north Wales based building company, which is well known over Wales and England. RedRow specialize in building new houses, cheap and deer. The firm has being doing very well since people want cheap homes in good condition.

  1. Importance of Human Resources Management

    carried out to compare with Ford's budget for these expenses, to see whether Ford can afford that many expenses or not. According to the targets set by the managers should be achieved by their employees in a period of time.

  2. Choose a vacant local business site. Make recommendations on how it may be developed ...

    * Will this aid the image of the business? * Will this have any other effects? * What negative effects are there? * Will this damage the image of the business? * Will this have any other effects? o Decide how the business should be organised * Owners, Managers, and Employees * Organisation Charts * Ownership * Management structure * Formal and informal departments * Flat or Tall structure?

  • Over 180,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work

Marked by a teacher

This essay has been marked by one of our great teachers. You can read the full teachers notes when you download the essay.

Peer reviewed

This essay has been reviewed by one of our specialist student essay reviewing squad. Read the full review on the essay page.

Peer reviewed

This essay has been reviewed by one of our specialist student essay reviewing squad. Read the full review under the essay preview on this page.