Business
Sectors
Term 1 : Grade 11 Victoria Van Den Berg - 221207104
Jaden Damons – 221186379
Introduction of todays lesson
We will cover what is a business
sector
Identify the 3 main sectors
Distinguish the relationship
between the business sectors
Do an interactive activity based
off the topic
What is a Business Sector
Description
All the internal and external factors that affect the functioning of a
business, e.g. micro, market and macro environments.
A business sector is a sub division/subset of the economic activities.
Examples of industries
Primary
Secondary
Teritary
The Business Sectors
This sector deals with extraction of raw materials and natural Mining
resources. Fishing
It makes use of natural resources direct from nature, such as
Primary
Agriculture
gold, coal, fish and livestock Forestry
Natural resources are sold to the secondary sector as raw Farming
materials.
Manufacturing
This sector processes raw materials into finished goods.
Secondary
Building & construction
It comprises of manufacturing factories, construction and
Clothing
energy generation. Food processing
Distribution
This sector renders services to the public and Transportation
Banking
businesses/provides auxiliary services.
Tertiary The services range from transport, banking and health.
Insurance
Retail
It is also known as the services industry. Entertainment
Tourism
The link between the three main sectors
Primary, secondary and tertiary sectors are interrelated and cannot
function without each other.
Cotton is planted and harvested in the primary sector, because it is going
to be used in the secondary sector to manufacture linen or clothing.
The linen or clothing is manufactured because there are retailers in the
tertiary sector who are prepared to sell the products to the consumers.
Some businesses carry out all three processes and are therefore involved
in all three sectors.
Other enterprises may skip some aspects of a specific sector.
EXAMPLE: A fisherman may take his freshly caught fish straight to the
market and not use the secondary sector.
The link between the three main sectors Cont.
Many businesses are interdependent and rely on other businesses to
perform some of their functions for them.
Usually these functions are not the core strength of the business itself.
EXAMPLE: A fisheries may outsource the management information system
of the business to another organisation that may specialise in this area.
Some businesses rely on other businesses in their own sector to perform
certain functions.
EXAMPLE: A shop in the tertiary sector relies on another tertiary sector
service for the communication infrastructure of the business.
Examples of enterprises that operate with all
three sectors
Interactive Link
https://create.kahoot.it/share/grade-11-
business-sector-quiz/fe8a6904-8670-4080-
82dc-cd35c8bed26a
Instruction:
Click on link
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