Answer to Question #187497 in Management for Karabo Maluleke

Question

3.2 Discuss the three sectors in which businesses and establishments can be

grouped and substantiate your discussion with practical examples.             (6)

Answer 1

Businesses and establishments can be classified into three sectors; primary, secondary, and tertiary sectors. The primary sectors provide raw materials required for the production and it’s the foundation of all sectors. A secondary sector transforms raw materials into various products. It includes the manufacturing industry and comprises a larger part of the workforce. The tertiary sector provides service to the general workforce and public. It includes hotels, the retail industry, restaurants, and sales. This sector complements the other sectors of the company.