Discuss the broad categories of business activities, giving examples?
Answers
Answer:
An industry may produce consumer goods or capital goods. Goods such as bread, butter, cloth, radio, etc. are consumer goods. These goods are directly used by the consumer.
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DESCRIBE THE BROAD CATEGORIES OF BUSINESS ACTIVITIES , GIVING...
Primary industry.
Secondary industry.
Tertiary industry
Business activities actually refer to anything that can help to sell a product or help in a service to happen successfully.
Hence there are a few major broad categories into which business activities are sectioned.
So it could be any activity related to producing goods right from the inventory stage to its transformation into finished goods, and the overall processing is a major business activity.
There are other agricultural based activities like rearing of animals who might help to produce anything that may be required to produce a product in an industry.