MANAGEMENT AND SECTOR

Description

9th grade English Mind Map on MANAGEMENT AND SECTOR, created by Sara Marini on 19/04/2018.
Sara Marini
Mind Map by Sara Marini, updated more than 1 year ago
Sara Marini
Created by Sara Marini about 6 years ago
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Resource summary

MANAGEMENT AND SECTOR
  1. PRIMARY

    Annotations:

    • Primary sector refers to those companies involved in obtaining raw materiales that can be found in natural resources.
    1. FISHING
      1. OIL EXTRACTION
        1. FARMING
          1. MINING
          2. SECONDARY

            Annotations:

            • The secondary sector refers to those companies that process or assemble raw materials supplied by the primary sector companies, and transform them into finished products.
            1. CAR
              1. BOOK
                1. CANS OF COKE
                  1. TELEVISIONS
                  2. TERTIARY

                    Annotations:

                    • Tertiary sector refers to those companies that provide or sell goods and services to businesses and people.
                    1. SUPERSTORES
                      1. INSURANCE
                        1. FURNITURE SHOPS
                          1. BANK
                            1. BOOKSHOPS
                              1. CLOTHES SHOPS
                              2. QUATERNARY

                                Annotations:

                                • The quaternary sector is a way to describe a part of the economy based on intellectual activities, which typically includes services such as information technology and research and development.
                                1. RESEARCH
                                  1. EDUCATION
                                    1. CULTURE
                                      1. INFORMATION TECHNOLOGY
                                      2. QUINARY

                                        Annotations:

                                        • The “quinary sector” deals with the highest levels of decision making in a society or economy. 
                                        1. HEALTHCARE
                                          1. MEDIA
                                            1. GOVERNMENT
                                            2. VERTICAL INTEGRATION

                                              Annotations:

                                              • The "Vertical Integration" is an arrangement that occurs when a company owns all the supply chain of a product. For example when a seller of a product becomes the owner of the product manufacture.
                                              1. OWNER CONTROL
                                                1. PRIMARY
                                                  1. SECONDARY
                                                    1. TERTIARY
                                                    2. MAKE-OR-BUY DECISION
                                                2. HORIZONTAL INTEGRATION

                                                  Annotations:

                                                  • Horizontal integration is the process of a company increasing production of goods or services at the same part of the supply chain. A company may do this with internal expansion, acquisition or merger.
                                                  1. MAIN COMPANY
                                                    1. COMPANY IN THE SAME INDUSTRY
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