roles of business in society

Question 1

what are the sectors of industry?

Answer 1

• primary
• secondary
• tertiary
• quaternary

Question 2

what does the primary sector do?

Answer 2

extracts raw materials or natural resources from the land
- farming
- coal mining

Question 3

what does the secondary sector do?

Answer 3

manufactures goods using raw materials and converts them into new products
- clothing production
- house building

Question 4

what does the tertiary sector do?

Answer 4

provide services
- banks
- schools

Question 5

what does the quaternary sector consist of?

Answer 5

industries providing information services
- ICT
- consultancy

Question 6

what are the sectors of economy?

Answer 6

• private
• public
• third

Question 7

what are the primary aims of private sector organisations?

Answer 7

• survive
• make a profit

Question 8

what are the primary aims of public sector organisations?

Answer 8

• provide a service to the public

Question 9

what are examples of public sector organisations?

Answer 9

• national health service
• education and schools
• local government

Question 10

what are the primary aims of third sector organisations?

Answer 10

• raise money
• increase awareness for good causes

Question 11

what are examples of organisations in the third sector?

Answer 11

• charities
• voluntary organisations
• social enterprises