UNIT 6: BUSINESS SECTORS AND • It transforms/converts/processes natural
resources/raw materials into meaningful
BUSINESS ENVIRONMENTS products/semi-finished products.
• The secondary sector plays an
important/critical role because not all resources
Business sectors
are functional/usable in their natural state and
Businesses are divided into three different require further processing.
sectors. These sectors are based on the nature
of the business/type of product/service offered
by businesses. The three business sectors form Tertiary sector
a production chain from the source/origin of the
product until it reaches consumers/clients. The • The tertiary sector focuses on activities
production chain is interdependent to make related to the provision of final products and
meaningful/functional goods/services available services to consumers and clients.
to consumers/clients. The interaction between
• It is often referred to as the services sector
the three sectors makes it possible for various
because a variety/diverse range of commercial
business activities to take place.
services are provided to consumers/clients.
• The tertiary sector comprises all activities
Primary sector aimed at enabling the distribution of
products/services.
• The primary sector focuses on activities
related to the • It plays a unique and distinctive role because
extraction/exploitation/cultivation/harvesting of it makes natural resources and raw materials
natural resources/raw materials. that have been collected and transformed
available to consumers/clients.
• These are often referred to as extractive
industries as they involve the acquisition of • Businesses in the primary/secondary sectors
natural resources/raw materials. rely on the tertiary sector to make their
products/services available to consumers/clients
• The primary sector is dependent on in a convenient/effective/efficient manner.
nature/the natural environment because it
utilizes/uses the earth's natural resources, soil,
minerals and vegetation.
Business environments
• The primary sector plays a critical/essential
role in production activities, because without it, The three business environments are
further production activities would be dynamic/multifaceted/interdependent as they
impossible in the secondary sector. consist of many interrelated features and are
characterized by constant change. Changes
within the business environment affect
businesses differently. Businesses strive to
Secondary sector address the unpredictability within the three
business environments in order to remain
• The secondary sector focuses on activities
profitable/relevant. Businesses need to be
related to the production/manufacture of
aware of various challenges that may arise from
products.
the three business environments and the
• It uses the natural resources/raw materials degree of control they have over these
obtained by the primary sector and adds value environments.
to them.
• The secondary sector is often referred to as
manufacturing industries because valuable
products are created/manufactured/produced so
that these products can serve a meaningful
function/purpose for clients and consumers.
resources/raw materials into meaningful
BUSINESS ENVIRONMENTS products/semi-finished products.
• The secondary sector plays an
important/critical role because not all resources
Business sectors
are functional/usable in their natural state and
Businesses are divided into three different require further processing.
sectors. These sectors are based on the nature
of the business/type of product/service offered
by businesses. The three business sectors form Tertiary sector
a production chain from the source/origin of the
product until it reaches consumers/clients. The • The tertiary sector focuses on activities
production chain is interdependent to make related to the provision of final products and
meaningful/functional goods/services available services to consumers and clients.
to consumers/clients. The interaction between
• It is often referred to as the services sector
the three sectors makes it possible for various
because a variety/diverse range of commercial
business activities to take place.
services are provided to consumers/clients.
• The tertiary sector comprises all activities
Primary sector aimed at enabling the distribution of
products/services.
• The primary sector focuses on activities
related to the • It plays a unique and distinctive role because
extraction/exploitation/cultivation/harvesting of it makes natural resources and raw materials
natural resources/raw materials. that have been collected and transformed
available to consumers/clients.
• These are often referred to as extractive
industries as they involve the acquisition of • Businesses in the primary/secondary sectors
natural resources/raw materials. rely on the tertiary sector to make their
products/services available to consumers/clients
• The primary sector is dependent on in a convenient/effective/efficient manner.
nature/the natural environment because it
utilizes/uses the earth's natural resources, soil,
minerals and vegetation.
Business environments
• The primary sector plays a critical/essential
role in production activities, because without it, The three business environments are
further production activities would be dynamic/multifaceted/interdependent as they
impossible in the secondary sector. consist of many interrelated features and are
characterized by constant change. Changes
within the business environment affect
businesses differently. Businesses strive to
Secondary sector address the unpredictability within the three
business environments in order to remain
• The secondary sector focuses on activities
profitable/relevant. Businesses need to be
related to the production/manufacture of
aware of various challenges that may arise from
products.
the three business environments and the
• It uses the natural resources/raw materials degree of control they have over these
obtained by the primary sector and adds value environments.
to them.
• The secondary sector is often referred to as
manufacturing industries because valuable
products are created/manufactured/produced so
that these products can serve a meaningful
function/purpose for clients and consumers.
