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