Higher Understanding Business

Which process involves goods or services increase by adding value?

• Primary process

• Production process

• Tertiary process

• Needs identification process

Which sector of business is involved with extracting natural resources?

• Primary

• Secondary

• Tertiary

• Quaternary

Coal, fish and oil are outputs from which sector of industry?

• Primary sector

• Secondary sector

• Tertiary sector

• Quaternary sector

Which sector of industry is involved with manufacturing and construction?

• Primary sector

• Secondary sector

• Tertiary sector

• Quaternary sector

Which sector of industry is involved with areas such as: Food production, clothing, electronics and car manufacturing?

• Primary sector

• Secondary sector

• Tertiary sector

• Quaternary sector

Which sector of industry changes natural resources into things consumers need and want such as clothing?

• Primary sector

• Secondary sector

• Tertiary sector

• Quaternary sector

Which sector of industry provides a service such as train services?

• Primary sector

• Secondary sector

• Tertiary sector

• Quaternary sector

Which sector of industry provide specific information services such as research and development?

• Primary sector

• Secondary sector

• Tertiary sector

• Quaternary sector

The UK has a high population of people working in the primary and secondary sectors

• True

• False

Answer explanation

The tertiary and quaternary sectors make up the largest part of the UK economy.

Which type of business is not allowed to sell shares to the general public on the stock market?

• Public Limited Companies

• Private Limited Companies

• Neither - All businesses can sell shares to the general public