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Business
Business(Chain of production)
| Question | Answer |
|---|---|
| What is the chain of production? | The links between the primary,secondary and tertiary industries |
| What is primary production? | It involves the extraction of raw materials from land,sea and air |
| Give examples of primary production | Agriculture,mining,forestry,oil and gas exploration,fishing and quarring |
| What is secondary production? | It involves using raw materials from the primary sector in the manufacture of goods and the consrtuction of building and roads |
| What is tertiary production? | It involves the provision of services for final consumers and other bvusiness |
| What are the channels of distribution? | The means by which goods and services are passed from the producers to the final consumers |
| What is a wholesaler? | They provide the link between the manufacturer and the retailer |
| What is a retailer? | They provide the link between the manufacturer and/or the wholesaler and the final consumer |
| What is E-commerce? | This involves buying and selling on the internet |
Created by:
Chimozukee
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