Business Sectors

What type of link/integration is described below?

A manufacturing company may provide a mining company with machinery and equipment it needs to operate its business

• Backwards integration

• Horizontal integration

• Vertical integration

• Forward integration

What type of link/integration is described below?

Apple trees are planted, grown and harvested in the primary sector; they are going to be used in the secondary sector to process the fruit into canned fruit.

The fruits are placed in cans and are distributed to the retailers for selling

The goods are then transported to the retailers who sell it to the customers.

• Backward integration

• Forward integration

• Vertical integration

• Horizontal integration

______ Is known as the extraction sector

Also known as the service/industry sector

• Primary sector

• Insurance sector

• tertiary sector

• Banking sector

What type of sector is this?

• Primary sector

• Secondary sector

• Tertiary sector

• Production sector

Identity the sector

• Farming sector

• Planting sector

• Primary sector

• Processing sector

Selling goods to another country for a cheaper prices is known as

• bootlegging

• dumping

• Piracy

• fake goods