MANAGEMENT AND SECTOR

MANAGEMENT AND SECTOR

1. PRIMARY

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

2. SECONDARY

   • 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.
   • CAR
   • BOOK
   • CANS OF COKE
   • TELEVISIONS

3. TERTIARY

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

4. QUATERNARY

   • 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.
   • RESEARCH
   • EDUCATION
   • CULTURE
   • INFORMATION TECHNOLOGY

5. QUINARY

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

6. VERTICAL INTEGRATION

   • 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.
   • OWNER CONTROL
     • PRIMARY
       • SECONDARY
         • TERTIARY
       • MAKE-OR-BUY DECISION

7. HORIZONTAL INTEGRATION

   • 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.
   • MAIN COMPANY
     • COMPANY IN THE SAME INDUSTRY