Share Year 6 Social Science- Companies
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What is a primary sector?
These companies obtain resources from nature.
What is a secondary sector?
These companies make industrial products.
What is the tertiary sector?
A company that provides a service.
Purchasing…
Buys the things the company needs to carry out its activity.
Production…
Creates the goods that the company offers.
Human Resources…
Manages the workers.
Marketing…
Informs consumers about the product.
Accounts…
Manages the costs and income.
Management…
Organizes and coordinates the departments to achieve objectives of the company.
What is advertising?
Advertising is a way to inform the public about products that companies offer.
What are the 4 advertising strategies?
Exaggeration, repetition, association, and promotions
What are the elements of advertising?
Transmitter, recipient, message, and communication media.
What is one example of consumer rights?
Consumers have the right to obtain a product in good condition.
What is money?
Money is a way to pay for goods and services.
How do you get money?
People earn money by working, selling goods, or taking loans.
What is cash?
All banknotes and coins you use daily. (For example: the Euro)
