ON THE BASIS OF FUNCTION OUTPUT AND NATURE OF THE ACTIVITY;
This activity produces goods raw material and work force to be utilized in different commercial sectors.
Primary industry sometimes produces raw material e.g iron,ore,coal,sugarcane,cottonand oil that makes petrol,plastics,etc.As well as producing final products like vegetables,fish etc/
Manufacturing and construction industries make,build and assemble prod etc.Manufactures use raw materials and a parts from other industries. A semi manfactured products is one that is only part made and most products involve several stages of production. Examples of manufactures are books,furniture,cars,chocolate,cement,garments,and bread.
Service industries are particularly important in al the countries especially in developed world now a days.Service give value to people.It produces workface professional,skilled,or semiskilled,to perform their jobs in different commercial sectors.Universities,technical tranningcenters,and different formals and non formals organization are the center for producing work face.\
EXCHANGE;
Today most of the areas of production are far away from the areas where these products are consumed.Equatorial region products rubber for Europe and North America ,UK, is the main market for AUSTRALIAN wheat,JAPAN exports cars to Gulf ,South Asia,and African countries and to USA as well.
Through exchange activities we fill this gap between producer and consumer.These activities involve three TS Transprtation,Trade and Tele communication.
TRANSPORTATION"
Transfer goods and service from the place of production to the required areas markets/
Modes of transportation :air,water,land rail and road.
TRADE;
The distribution of goods and service in the required region or target market.It includes;sole distribution,wholesaler,reatailers,to advertising and marketing of products all promotional activities.
TELE COMMUNICATION:
This modern technology facilities in many ways a consumer or trader with a direct and quicker access to the production place or business center without leaving his\her officer or homeland. In this way a buyer can saves his time and money.E commerce internet marketing, tele communication and plastic money are the best example of tele communication.......
No comments:
Post a Comment