Is the business activity of Eurocars in the primary, secondary or tertiary sector? Explain your answer.
Suzhou Singapore International School
IB Business and Management HL
Case: Eurocars
Name: Luke Ness
Class: 11E
Date: September 2008
Summary
Due to the increase in imported car sales, Gina Wilson started Eurocars. She hired workers and bought cars to sell. The business expanded steadily, and they soon had many cars at home and in Europe. They started selling more to individuals than dealers due to a higher turnover.
The problems with Eurocars are that manufacturers are slow to provide new cars, and there is a lot of administration work to be done and registration laws in place that make their work hard. They are also forced to use the promotions offered by the manufacturers of the cars they sell.