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Steps of Economic ActivityPrimary: Producing Material (i.e. Water from a well) Secondary: Create a product from natural resource (i.e. bottled water)
Tertiary: Provide a professional service to distribute (i.e. Great Value sells bottled water)
Quaternary: Study the product to research and improve production (i.e. test the purity)
Types of Economic Activity
Service: Teaching
Agriculture: Farming
Industry: Manufacturing
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What are 4 types of economic activities?
The 4 types arePrimarySecondaryTertiaryQuaternary
Why is it important to assess one self before venturing into an entrepreneurial activity?
It is important to assess one self before venturing into an entrepreneurial activity, because an entrepreneurial activity's outcome often depends on the decisions of the people behind them. Henceforth, not everybody is automatically suited to be involved in an entrepreneurial activity, just like not everyone is suited to other kinds of activities like mountain climbing or being a leader. Becoming an entrepreneur requires preparation and it is important to know yourself before your next project.
How does one select on entrepreneurial to be pursued?
How does one select an entrepreneurial activity
How do you explain five traits of the entrepreneurial ventures?
explain five traits in the entrepreneurial ventures.
Why is entrepreneurial ability distinct from labor?
Because entrepreneurial ability is directly engaged in production
What are the types of entrepreneurial activities?
what a feeler
What are the service types of entrepreneurial activity?
Entrepreneurial activity is a purpose the development of a related indicators .
What are the three main types business activities?
Primary, Secondary and Tertiary. The three business activities are Service, Manufacturing, and Merchandising.
What are the three cluster of personal entrepreneurial characteristics?
Three clusters of personal entrepreneurial characteristics are: Achievement Cluster, Planning Cluster, and the Power Cluster
What are the three types of distinct physiological activities of the skeletal system?
3
Three types of energy found in the body?
thermic effect of food, physical activities, and basal
What are 4 types of economic activities?
The 4 types arePrimarySecondaryTertiaryQuaternary
What are the three stages of a mass medium's evolution?
Novelty, Entrepreneurial, and Mass Media
What are three types of marketing activities that you see almost everyday?
Direct marketing,tele marketing,promotion.
Types of entrepreneurship?
Entrepreneurial activities are substantially different depending on the type of organization and creativity involved. Entrepreneurship ranges in scale from solo projects (even involving the entrepreneur only part-time) to major undertakings creating many job opportunities
What are the three types of organizational activities?
1. Process consultation 2. Confrontation meeting 3. Survey feedback
What are the main types of business lines?
The three main types of business lines or activities are operations, marketing, and finance. As a company grows other types of business functions become important as well. The three main types of of business organizations are sole proprietor, Partnership, and corporation or company.
