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Classification of business activity Flashcards | StudBud
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Classification of business activity
Classification of business activity
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StudBud Administration
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Test for the Cambridge IGCSE business studies key terms 1 #igcse #igcse #businessstudies
Flashcards
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Questions
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Answers
1
firms that process and manufacture goods from natural resources
Primary sector
Secondary sector
Tertiary sector
2
an economy where the resources are owned and controlled by both the private and public sector
Mixed economy
Varied economy
Diverse economy
3
the production and supply of goods to the final consumer involving all three sectors
Chain of production
Chain of command
Chain of process
4
firms that supply a service to consumers and other businesses
Tertiary sector
Primary sector
Secondary sector
5
the part of the economy that is owned and controlled by individuals and companies for profit
Mixed sector
Public sector
Private sector
6
firms whose business activity involves the extraction of natural resources
Tertiary sector
Secondary sector
Primary sector
