Business Principles and Industry Classification

<p>Quaternary industry (C)</p> Signup and view all the answers

<p>Focuses on high-level decision-making (B)</p> Signup and view all the answers

<p>To produce meat or eggs (A)</p> Signup and view all the answers

<p>Hog/Pig Raising (C)</p> Signup and view all the answers

<p>Milk, beef, and hides (C)</p> Signup and view all the answers

<p>Oysters (B)</p> Signup and view all the answers

<p>They are durable items like furniture and appliances (B)</p> Signup and view all the answers

<p>It is the conversion of raw materials into finished goods (C)</p> Signup and view all the answers

<p>Food products (C)</p> Signup and view all the answers

<p>It uses electronic channels for customer transactions (B)</p> Signup and view all the answers

<p>To offer training or instruction-based learning to individuals requiring it (B)</p> Signup and view all the answers

<p>The amount paid by the policyholder to the insurance company (A)</p> Signup and view all the answers

<p>Activities aimed at improving emotional and behavioral functioning (A)</p> Signup and view all the answers

<p>Goods and services produced in one country and sold to another (B)</p> Signup and view all the answers

<p>Tourism (B)</p> Signup and view all the answers

<p>Landscaping services (B)</p> Signup and view all the answers

<p>They are consumed after one use or have a limited lifespan. (C)</p> Signup and view all the answers

<p>Consulting services (C)</p> Signup and view all the answers

<p>To store cash and facilitate loans. (B)</p> Signup and view all the answers

<p>Cleaning services (B)</p> Signup and view all the answers

<p>Visible elements of land, including flora and fauna (D)</p> Signup and view all the answers

<p>To take an independent and unbiased stance. (B)</p> Signup and view all the answers

<p>To track payments and financial stability. (B)</p> Signup and view all the answers

<p>Primary Industry (C)</p> Signup and view all the answers

<p>Providing essential services to facilitate other industries (A)</p> Signup and view all the answers

<p>Management and decision-making processes within industries (C)</p> Signup and view all the answers

<p>Secondary Industry (D)</p> Signup and view all the answers

<p>A farm that grows and processes crops (C)</p> Signup and view all the answers

<p>Physical or physiological treatment (C)</p> Signup and view all the answers

<p>Exports are goods produced in one country sold to another. (B)</p> Signup and view all the answers

<p>By providing exposure to new markets and products (D)</p> Signup and view all the answers

<p>To raise domestic pigs for meat and other products (D)</p> Signup and view all the answers

<p>Rice Farming (B)</p> Signup and view all the answers

<p>Wool (A)</p> Signup and view all the answers

<p>They serve a large number of individuals with small orders (A)</p> Signup and view all the answers

<p>To convert raw materials into finished goods (A)</p> Signup and view all the answers

<p>Furniture (C)</p> Signup and view all the answers

<p>Hard Goods (A)</p> Signup and view all the answers

<p>Safe storage of money and loan provision (B)</p> Signup and view all the answers

<p>Fish Pens (D)</p> Signup and view all the answers

<p>Soap Manufacturing Business (C)</p> Signup and view all the answers

<p>Offering organizational and strategic advice (B)</p> Signup and view all the answers

<p>Modifications to visible features of land and gardening (B)</p> Signup and view all the answers

<p>Soft Goods (C)</p> Signup and view all the answers

<p>Advising on investments and financial stability (A)</p> Signup and view all the answers

<p>Offering tailored cleaning solutions to organizations (C)</p> Signup and view all the answers

<p>Arts Supplies (D)</p> Signup and view all the answers

Industries dealing with the extraction of raw materials from nature.

Industries that process raw materials into finished products.

Industries that provide services and support to other industries.

Industries focused on information, knowledge, and research.

Industries involved in decision-making roles in government and businesses.

The process of raising and breeding domestic pigs.

Raising domesticated birds (like chickens, ducks, turkeys) for meat or eggs.

Raising cattle for milk, beef, and hides.

Raising goats for milk and meat.

Planting rice for rice production.

Planting in-season and off-season vegetable varieties.

Raising fish in pens (e.g., catfish, oysters, prawns).

Planting corn for consumption.

Goods that last a long time and provide utility over a significant period, often exceeding 3 years.

Goods that are consumed after one use or have a limited lifespan, typically less than 3 years.

Services that help businesses manage finances, including payments, bookkeeping, and financial reports.

Services offered by banks, including secure cash storage, loans, and interest on deposits.

Providing expert advice to businesses and organizations on a specific issue or project.

Professional cleaning services offered to businesses and organizations.

Services that modify the appearance of a landscape, including planting flora, shaping terrain, and managing natural elements.

Consulting services provide businesses with expert advice and specialized knowledge, aiming to solve problems, improve efficiency, or develop strategies.

Educational services provide training and instruction to students and individuals on various subjects. They are typically offered by institutions like schools and colleges, but private and public organizations can also provide them.

Insurance provides financial coverage or reimbursement to a policyholder in case of specific events. The policyholder pays a premium to the insurer in exchange for this protection.

Treatment services aim to help individuals maintain or improve their physical, emotional, and behavioral well-being. These services can involve physical or physiological treatment, such as physiotherapy, and psychotherapeutic treatment, addressing mental health.

International trade involves the exchange of goods, services, and capital across national borders. It's a significant factor in global economic activity.

Exports are goods and services produced in one country and sold to another. Imports are goods produced in another country and purchased by the first country.

A large-scale business focused on agriculture, encompassing everything from farming and processing to manufacturing, packaging, and distributing agricultural products.

Agribusiness involves multiple stages, including farming (production), processing (transforming raw materials), manufacturing (creating final products), packaging, and distribution (getting products to consumers).

The Philippine Standard Industrial Classification (PSIC) is a system for categorizing industries based on their productive activities.

The process of converting raw materials into finished products using machinery and labor.

Industries focused on selling goods (retail) and providing services to customers (services).

Products made in one country and sold to another country.

Products made in another country and bought by your country.

Physical items bought and sold internationally, such as food, clothes, and oil.

Services offered across borders, such as tourism, banking, and consulting.

Animals raised for various purposes, including providing labor, meat, milk, eggs, hides, and other products.

The process of converting raw materials into finished goods that meet customer expectations or specifications.

The process of selling consumer goods or services directly to customers through multiple channels to earn a profit.

Goods that are designed to last a long time and provide utility over a significant period, usually exceeding 3 years.

Products that are edible and meant for human consumption, typically requiring cold storage facilities during distribution.

A business that produces various soap and soap-based products for cleaning and personal care purposes.

A business involved in producing and selling packaged drinking water in bottles or containers.

Services offered by professionals who help businesses manage finances, payments, bookkeeping, and financial reports.

Services provided by banks, including secure cash storage, loans, and interest on deposits.

Experts offer advice and solutions to businesses on specific problems or projects, like strategizing or improving efficiency.

Professional cleaning services offered to businesses and organizations, often tailored to specific needs like disinfection or specialized cleaning.

Services that modify the appearance of a landscape, including planting flora, shaping terrain, and managing natural elements.

Service businesses offer a wide range of services to individuals and businesses, including accounting, banking, consulting, cleaning, and landscaping.