GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Business activity involving the creation or sharing of knowledge and information
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Business activity involved with making goods and services to meet the needs and wants of customers
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Creating goods and/or services using the factors of production available to the business
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None of the above
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Detailed explanation-1: -Secondary sector examples include the plastics sector and textiles sectors. The food manufacturing and oil refining businesses can also be considered to be secondary sector examples.
Detailed explanation-2: -The secondary sector consists of processing, manufacturing, and construction companies. The secondary sector produces goods from the natural products within the primary sector. The secondary sector includes the following business activities: Automobile production.
Detailed explanation-3: -Examples of secondary activities include small potteries, handicraft manufacture, Factories that manufacture steel, chemicals, plastic, and automobiles, Textile mills, Food producing facilities such as breweries and food processing industries.
Detailed explanation-4: -Secondary sector includes manufacturing, electricity, gas and water supply and construction.