1. The three economic sectors Primary sector with raw materials and natural resources Extract natural resources from nature Products are sold in raw state Examples: mining, fishing, agriculture, forestry, farming Secondary Sector Manufactures and processes raw material into final goods Final goods are sold to the consumer Goods are ready for consumption Examples: manufacturing, construction, ship building, generation of electricity Tertiary Sector Includes all industries that offer services to other businesses and consumers Examples: banking, retailers, transport businesses, consultants 2. Business Environments related to the three business sectors Primary Sector (e.g. Diary Farm) Environment Elements Description Control Micro Environment Vision Provide goods (milk) to Full control over the consumers business Mission Managers workers Must comply with Chooses the workers legislative framework Goals he wants to employ (EE, BEE, Affirmative Objectives action)
1. The three economic sectors Primary sector with raw materials and natural resources Extract natural resources from nature Products are sold in raw state Examples: mining, fishing, agriculture, forestry, farming Secondary Sector Manufactures and processes raw material into final goods Final goods are sold to the consumer Goods are ready for consumption Examples: manufacturing, construction, ship building, generation of electricity Tertiary Sector Includes all industries that offer services to other businesses and consumers Examples: banking, retailers, transport businesses, consultants 2. Business Environments related to the three business sectors Primary Sector (e.g. Diary Farm) Environment Elements Description Control Micro Environment Vision Mission Goals Objectives Provide goods (milk) to consumers Managers workers Chooses the workers he wants to employ Full control over the business Must comply with legislative framework (EE, BEE, Affirmative action)
2015%20Gr%2012%20Bus%20Stud%20Core%20Content_Bus%20Environments.docx