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Production
& Sectors (Batch
Production (Items are made individually
…
Production
& Sectors
Public sector
Aim:
To survive by making a profit
(sole trader, limited company etc)
Gain:
Encourage repeat sales;
reliable, quality service to business
Larger market-share:
More sale against competitors
Reduce price; Win customer loyalty
Private sector
Organisation owned by the government.
They provide goods, services
for the benefit of the community
(e.g. BBC, NHS)
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Job
Production
Group of items are made together
Batch finished before next started
Combine job, flow; make, stop, reorganise
Limited number of identical product
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Pros
Less waste than Job production
Can produce in small quantities
(increases rarity, desire)
Examples
Identical, standardised items are produced on an assembly line
highly automated; mass market products
Continuous; produce as many of one item
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Flow
Production
Job
Aston Martin, Violins, Paintings
Batch
Houses, clothing, milk, potatoes
Flow
Heinz Beans, Cars, Fizzy drinks
Secondary
sector
Gathering or finding of raw materials
Can be ground extracted, gown, or collected
Reduction
Became more expensive to extract materials
Amount of raw materials declined in the UK
Cheaper to import raw materials; mechanisation
Examples
Coal miner, Farmer, Fisher
Primary
sector
Manufacture or assembly of Goods collected in the primary sector
Converting raw material into components
Reduction
Cheaper to import manufactured goods
(India, China, robots) Many left rural areas
Many left to high demands of city jobs
Examples
Engineer, Electrician, Builder
Quaternary
sector
Provide services from the goods made to the general public or other businesses
Commercial services, supports production and distribution process
Increase
Excess income - demand for retail, leisure services
More demand for work in schools, hospitals, retail
More demand in developed country's; unemployed
Many moving - rural to urban - looking for urban jobs
Examples
Bus/Taxi Drivers, Soldiers, Nurses, Waiters
Tertiary
sector
Knowledge-based part of the economy
Usually includes information technology gathering and distribution
Increase
Fairly new; post-industrial, information age
Helps firms carry out research and develop
Examples
Computing, Librarian, Market researcher