what is amazon business sector primary, secondary, tertiary
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- Primary Secondary Tertiary Industry
The tertiary industry is one of three primary industrial types in a developed economy, the other two being the primary (i.e. raw materials), and secondary (i.e. goods production) industries.
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Amazon business sector primary, secondary, tertiary.
- The different company kinds and the products they manufacture and sell are represented by the primary, secondary, and tertiary sectors. It's simplest to conceive of them as a chain of production, starting with the extraction of raw materials, continuing through secondary manufacturing, and then finishing with the provision of end-user services (tertiary).
- Key Learnings. Among other things, Amazon generates revenue through its web services, subscriptions, and retail businesses. Retail continues to be Amazon's largest source of income, with both online and offline stores making up the majority of this stream.
- It is categorised as a "company limited by shares" and is a private, unlisted firm. The company's authorised capital is Rs 150.0 lakhs, and its paid-up capital is equal to that amount, or Rs 150.0 lakhs,
100.0%.
- Amazon made its initial public offering in May 1997, and its common stock trades under the ticker code AMZN on the Nasdaq Global Select Market.
- Purchasing raw materials is a part of primary production. For instance, it is necessary to mine metals and coal, drill for oil, harvest rubber from trees, grow food, and trawl for fish. Occasionally, this is referred to as extractive production.
- This is the manufacturing and assembly stage of secondary production. It entails transforming raw materials into finished goods, such as producing plastic from oil. In addition, the product must be assembled, as in the construction of homes, bridges, and roads.
- Tertiary production is the term used to describe the for-profit activities that support the production and distribution process, such as insurance, transportation, advertising, warehousing, and other services like education and healthcare.
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