Abhay is engaged in lumbering. He thinks of diversifying his business and decides to do cattle breeding. For the movement of cattle from one state to another he appointed Tampo Ltd. that deals in transportation of livestock. Once his goods are ready, the consumers are made aware by advertisements and other sales promotion techniques. On the basis of the given information about business done by Abhay , answer the following questions- (a) Identify the types of industry and the category of industry in which Abhay is dealing. (b) Identify and explain the industry in which Tampo Ltd. is dealing. (4marks)
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The tertiary industry majorly entails certain goods that are intangible and are service-oriented. This specific sector involves the various production of services and goods that may or may not transform into some kind of end products. The tertiary industry example is of a restaurant that are providers of different types of food services. The healthcare service providing hospitals are also a major part of the tertiary industry. The financial consultants offering financial advice is also an example of a tertiary industry.
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