Industries PDF

Business Principles, Tools, and Techniques in Participating in Various Types of Industries in the Locality  William Wrigley, Jr. CLASSIFICATION OF INDUSTRIES PRIMARY SECONDARY TERTIARY QUATERNARY QUINARY  PRIMARY INDUSTRY Working with or extraction of raw ma...

Business Principles, Tools, and Techniques in Participating in Various Types of Industries in the Locality  William Wrigley, Jr. CLASSIFICATION OF INDUSTRIES PRIMARY SECONDARY TERTIARY QUATERNARY QUINARY  PRIMARY INDUSTRY Working with or extraction of raw materials /natural resources Examples: Mining activities, fishing, forestry, and agriculture  SECONDARY INDUSTRY Making or converting raw materials into usable products through processing and manufacturing Examples: Car manufacturing, bakeries  TERTIARY INDUSTRY Service industries or providing essential services and support to allow other levels of industry to function Examples: transportation, finance, utilities, retail, housing, banking  QUATERNARY INDUSTRY Dramatic growth of this new sector. Working with creation and transfer of information (ICT, media sharing) including research and development, as well as knowledge based services like consultation. Examples: ICT industries, R&D industries,  QUINARY INDUSTRY Control the industrial ang government decision-making process which includes industry executives and management, bureaucrats, and elected officials in government. Examples: Government Owned and Controlled Corporations (GOCCs) Executives  Philippine Standard Industrial Classification (PSIC) A detailed classification of industries prevailing in the country according to the productive activities undertaken by establishments. This is patterned to the United Nations International Standard Industrial Classification (UNISIC) Major Industries in the Philippines Agribusiness Manufacturing Retail and Services International Trade Agribusiness  Agribusiness A business that earns most or all of its revenues from agriculture. An agribusiness tends to be large scale operations and deals with farming, processing, and manufacturing, packaging, and distributing agricultural products. List of Agribusiness in the Philippines  Hog/Pig Raising Also called Swine Raising- the raising and breeding of domestic pigs as livestock Livestock: animals raised to provide labor and diversified products for consumption  Poultry Farming Raising of domesticated birds such as chicken, ducks, turkeys, and geese to produce meat or eggs  Cattle Raising Raising of cattle for milk, beef, and hides Hide- animal skin treated for human use  Goat Raising Raising goats for milk and meat  Rice Farming Planting rice for rice production  Vegetable Farming Planting in-season and off- season vegetable varieties  Fish Pens Raising fish in a pen such as catfish, oysters, prawns, pangasius, bangus or tilapia- these need different environment to grown, either fresh or salt water.  Corn Farming Planting corn for consumption Manufacturing  Manufacturing The process of converting raw materials, com ponents, or parts into f inish ed goods that meet a custom er’s expectations or specifications. There are many laws and regulations that govern t he manu factu ring industry. The business will be r equ ired to conform to all licen sing bodies may it be the government or the local authorit ies’ r equ iremen ts. List of Manufacturing Business in the Philippines  Furniture Making Making furniture such as lockers, bookshelves, showcases, chairs, tables, etc. Drinking Water Business Business that sell drinking water packaged in plastic bottles or containers Soap Manufacturing Business Business that produce various soap and soap-based products Commercial Bread Making Business Business that produce various soap and soap-based products Retail and Services  Retail and Services The process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit.  “Retailer” Used when a service provider caters to the small orders of a large number of individuals. Recently, online retailing, a type of electronic commerce used for business-to-consumer (B2C) transactions and mail order, are forms of non -shop retailing Types of Retail Products  Food Products Typically require cold storage facilities  Hard Goods or Durable Goods These are automobiles, appliances, electronics, furniture, sporting goods, lumber, etc., and parts for them. These are goods that do not quickly wear out and provide utility over time.  Soft Goods or Consumables Clothing, other fabrics, footwear, cosmetics, medicines, and stationery. Goods that are consumed after one use or have limited period (typically under 3 years) in which you may use them.  Arts Contemporary art galleries, bookstores, handicrafts, musical instruments, gift shops, and suppliers for them Types of Service Business  Accounting Services The services help to keep businesses on track regarding various payments, financial development, bookkeeping, and business expenses. Professionals provide advice to small starting businesses on the right investment and best structure for their business to ensure financial stability. It’s thus crucial for a business owner to know the best outsourcing accounting services for their business.  Banking Services Banks have existed since at least the 14th century. They provide a safe place for consumers and business owners to stow their cash and a source of loans for personal purchases and business ventures. In turn, the banks use the cash that is deposited to make loans and collect interest on them.  Consulting Sevices The practice of providing a third party with expertise on a matter in exchange for a fee. The service can involve either advisory or implementation services. For the consultant, taking an independent and unbiased stance on an issue is central to their role. A consultant can, in principle, service any sector. Over the past decades, the term has become synonymous with business advisory – which focuses mostly on business strategy, management, organization, operational processes and technology.  Cleaning Services refers to professional cleaning offered to businesses and organizations. It may include various tailored services to meet specific requirements, including general cleaning, deep cleaning, disinfecting, and specialized cleaning for industries such as healthcare, hospitality, and manufacturing.  Landscaping Services Refers to any activity that modifies the visible features of an area of land, including living elements, such as flora or fauna; or what is commonly called gardening, the art and craft of growing plants with a goal of creating a beautiful environment within the landscape. Natural elements such as landforms, terrain shape and elevation, or bodies of water; and abstract elements such as the weather and lighting conditions.  Education Services Provide training or instruction-based learning on any subject to students or other individuals requiring it. Generally, educational establishments like schools or colleges offer the services. However, private and public - owned organisations may provide the same.  Insurance Services The insurers provide financial coverage or reimbursement in many cases to the policyholder. The policyholder pays a certain amount called 'premium' to the insurance company against which the latter provides insurance cover  Treatment Services Activities designed to assist the person to maintain or improve physiological, emotional and behavioral functioning and to prevent conditions that would present bar - riers to a person's functioning. Treatment services include physical or physiological treatment and psychotherapeutic treatment.  Transportation Services Contemporary art galleries, bookstores, handicrafts, musical instruments, gift shops, and suppliers for them International Trade  International Trade The exchange of capital, goods, and services across international borders or territories, significant share of gross domestic product (GDP).  Export To export something is to move it from its current location to a different territory. Exports are goods and services that are produced in one country and sold to buyers in another.  Import To buy or bring in products from another country. Imports are defined as goods produced outside the boundaries of one country, which are then purchased by that country.  Trading-Goods Gives consumers and countries the opportunity to be exposed to new markets and products- food, clothes, spare parts, oil, jewelry, wine, stocks, currencies, and water.  Trading-Services Traded services include tourism, banking, consulting, and transportation.