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EXPLAIN HOW BUSINESSES ARE CLASSIFIED USING LOCAL AND NATIONAL EXAMPLES P3 – CLASSIFICATION OF BUSINESSES

EXPLAIN HOW BUSINESSES ARE CLASSIFIED USING LOCAL AND NATIONAL EXAMPLES P3 – CLASSIFICATION OF BUSINESSES

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Page 1: EXPLAIN HOW BUSINESSES ARE CLASSIFIED USING LOCAL AND NATIONAL EXAMPLES P3 – CLASSIFICATION OF BUSINESSES

E X P L A I N H O W B U S I N E S S E S A R E C L A S S I F I E D U S I N G L O C A L A N D N A T I O N A L E X A M P L E S

P3 – CLASSIFICATION OF BUSINESSES

Page 2: EXPLAIN HOW BUSINESSES ARE CLASSIFIED USING LOCAL AND NATIONAL EXAMPLES P3 – CLASSIFICATION OF BUSINESSES

INDUSTRIAL SECTORS

1. Primary industries; take raw materials from the earth. • E.g. Fishing

2. Secondary industries; process / manufacture goods. • E.g. Fish freezing

3. Tertiary industry; where products and services are sold. • E.g. Supermarkets

Page 3: EXPLAIN HOW BUSINESSES ARE CLASSIFIED USING LOCAL AND NATIONAL EXAMPLES P3 – CLASSIFICATION OF BUSINESSES

PRIMARY SECTOR INCLUDES…

Agriculture; Gardening, farming, crops

Mining; Oil and gas, coal mines, quarries

Forestry; Christmas trees, felling, planting

Fishing; Salmon and trout farms

Growing, extracting or converting natural resources into raw materials

Page 4: EXPLAIN HOW BUSINESSES ARE CLASSIFIED USING LOCAL AND NATIONAL EXAMPLES P3 – CLASSIFICATION OF BUSINESSES

SECONDARY SECTOR INCLUDES…

Manufacturing;Production; Cars, food, computers

Engineering;Designing buildings, tube lines, aviation design

Energy production;Production and distribution of electricity, gas and water.

Wind Farms

Construction;Building sites, roads, railways, services that work on

building sites

Converts raw materials into saleable products for sale to other businesses and private individuals

Page 5: EXPLAIN HOW BUSINESSES ARE CLASSIFIED USING LOCAL AND NATIONAL EXAMPLES P3 – CLASSIFICATION OF BUSINESSES

TERTIARY SECTOR INCLUDES…

Largest sectorPrivate sector;Entertainment, banking, hair and beauty,

restaurants

Public sector;Schools, medical, military

Voluntary sector;Wildlife protection, community support

Provides services to businesses and individuals

Page 6: EXPLAIN HOW BUSINESSES ARE CLASSIFIED USING LOCAL AND NATIONAL EXAMPLES P3 – CLASSIFICATION OF BUSINESSES

TASK ONEFINISH P3

Title: P3: Classification of Businesses• Explain what each sector does.• Give an example of a business in each sector

• Copy the tables from the next slide if not completed

• For each business explain in a small paragraph• Where are they located?• Whether this is local or national?• What does the business do?• What ownership type the business has• Sole Trader, Partnership, Private Limited Company, Plc

Page 7: EXPLAIN HOW BUSINESSES ARE CLASSIFIED USING LOCAL AND NATIONAL EXAMPLES P3 – CLASSIFICATION OF BUSINESSES

Business name Location Category Sector

Shortwood Farm Ashford, Staines Agriculture Primary

Hampshire Polythene MFG Ltd

Andover, Hampshire

Manufacturing Secondary

The Matthew Arnold School

Staines Education Tertiary

Business name Location Category Sector

National Trust Swindon Agriculture Primary

British Gas Everywhere Utitities Secondary

Topshop Everywhere Private Sector - Retail

Tertiary

Local

National