martes, 11 de marzo de 2008

Business Objectives

THE BUSINESS ACTIVITY



The Business activity can be separated in four sectors. This sectors are:

-Primary Sector: Extraction of raw materials from the Earth – mining, quarrying, fishing, agriculture, forestry
-Secondary Sector: Processing of raw materials into finished or semi-finished products – manufacturing
-Tertiary Sector: Service industries – transport, finance, distribution, retailing, wholesaling, communications, hi-tech industries
-Quaternary Sector: Health, education, research, leisure...

Also there are companies dedicated to different sectors; these companies realize a multiple business activity like BP or Repsol who dedicates to oil exploration and drilling (primary), refining oil (secondary) and distribution of petrol (tertiary). Also they work too in quaternary sector researching and developing new products.

The private sector

The most important aim for the private sector is obtain PROFIT, but for obtain profit the companies have to take into consideration other aims like the environment, his own image and reputation, his efficiency or the price of sales and sales revenue and how obtain the raw materials necessary for the production,.

The public sector

-The business activity of the public sector is owned, financed and controlled by the state through government or local authorities.

-Is aim not is obtain profit, is offer services to the society following the directives of Access and equity for everyone with no matter of his status, location, race or religion whit quality and offer cheaper prices than private sector.



-The public sector offer services of education (university, schools), health, roads, economic development and tourism, cemeteries etc.