Business Studies, asked by harshubhat1847, 1 year ago

Business sector explain various business sector

Answers

Answered by shreya412
1
*.The primary sector involves extracting and harvesting natural products from the earth (for example, agriculture, fishing and mining).
*.The secondary sector consists of processing (for example, the processing of food stuffs produced by agriculture), manufacturing and construction. That is to say, the secondary sector takes the products from the primary sector and does something more with them.
.*The tertiary sector provides services, such as retail services, entertainment or financial services.
Answered by Mustela
0

Answer:

Business Sectors - Business sectors refers to the different departments of the business that holds the working of a specific task in each sector. This is a basic division of the business based on the activities undertaken in them.

There are mainly 3 sectors of the business -

•Primary Sector - These are the sector that deals with the extraction of resources from the nature lap.

For example - Minning, Agriculture activity, etc.

• Secondary Sector - These sectors deal with the conversation of the raw material into the semi-finished and finished goods.

For example - Manufacturing, Production house, etc.

• Aids to Commerce/ Tertiary Sector - These are the support system of the business. These facility helps to maintain the business operations smoothly and brings efficiency to it.

For example - Banking, Communication, Transportation, etc.

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