Is the business activity of Eurocars in the primary, secondary or tertiary sector? Explain your answer.

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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.

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Answers

  1. Is the business activity of Eurocars in the primary, secondary or tertiary sector? Explain your answer.
    Eurocars' business activity is in the tertiary sector,  they are providing a service. They are not in the primary sector because they do not extract any natural resources, and they are not in the secondary sector as they are not producing or constructing anything, therefore we can deduce they must be in the tertiary sector.
  2. Suggest examples of land, labour and capital that might be used by Eurocars.
    The only land resource Eurocars uses is the office they work out ...

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