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The classification of business activities

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Introduction

BTEC First Diploma in Business Unit 1 Exploring Business Purposes Introduction: In this Assignment I will describe the primary, secondary and tertiary classifications of business activities using local and national examples and I will also explain areas of growth and decline in the primary, secondary and tertiary classifications of business activities. Task 1 The primary sector, involves changing natural resources into products. Most products from this sector are raw materials for other industries. Major businesses in this sector include agriculture, agribusiness, fishing, forestry and all mining and quarrying industries. A local example of such a business is the festive forestry because they are specialized in Christmas tree grows. A National example of such a business is the National salt distributors because they are producing salt. The secondary sector generally takes the output of the primary sector and finished the raw goods so that the goods are suitable for use by other businesses, for export, or sale to other consumers. ...read more.

Middle

Task 2 Over the years a lot of changes have taken place in this country. All businesses produce Outputs. A fisherman output is the number of fish caught, a manufacturer is the number of goods made and a retailer is the number sold, and so on. An increase in the number of jobs usually means that a sector is growing. Year Primary Employments (%) Primary Outputs (%) Secondary Employments (%) Secondary Outputs (%) 1993 2.2 4.1 24.0 28.9 1998 2.0 4.0 23.0 28.7 2000 1.7 3.5 21.8 26.5 2003 1.4 3.1 19.9 22.5 2005 1.4 3.0 17.0 22.0 In the Primary and Secondary sector employments and outputs has generally gone down as you can see in the charts, because of the imports, for example, cheap foreign imports can force the closure of some British companies, such as a local business the festive forestry. And also because of the technology; technological developments change the demand for goods and services such as computer maintenance services and Internet service providers. ...read more.

Conclusion

This is why some farmers now run holiday homes. And fashion, trends and lifestyles affect the type of goods and services we want to buy and because we import most of our manufactured goods from abroad and more people are employed in the tertiary sector. Also within the Tertiary sector there are also some businesses which go against the trend, which means instead of them to increase they are decreasing such as public administration (e.g. the civil Service), defence, secretarial service; the reason why secretarial services are decreasing is because, businesses are using more technologies and computer services that means more and more peoples can word processing their computer so that means they don't need secretaries to type their letters or other things. Also shops who are selling for example CDs are decreasing because more people are downloading their music and films from the internet. ?? ?? ?? ?? Omobolanle Salami 09/02/2009 Assignment No. 02 1 ...read more.

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