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In economics, the business sector or corporate sector - sometimes popularly called simply "business" - is "the part of the economy made up by companies". [1] [need quotation to verify] [2] It is a subset of the domestic economy, [3] excluding the economic activities of general government, private households, and non-profit organizations serving individuals. [4]
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. [1] Overview
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). [1] [2] ... The sector and ...
Three sectors according to Fourastié Clark's sector model. One classical breakdown of economic activity distinguishes three sectors: [1] Primary: involves the retrieval and production of raw-material commodities, such as corn, coal, wood or iron. Miners, farmers and fishermen are all workers in the primary sector.
Private sector, business activity created by private enterprise for profit; Public sector, delivers social services, infrastructure and institutions administered by government; Voluntary sector, a non-profit and voluntary part of an economy provided by organisations; The sector of the sector directive in government procurement in the European Union
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries [1] into which S&P has categorized all major public companies.
Primary sector of the economy (the raw materials industry) Secondary sector of the economy (manufacturing and construction) Tertiary sector of the economy (the "service industry") Quaternary sector of the economy (information services) Quinary sector of the economy (humanitarian services)
There are many industry classifications in the modern economy, which can be grouped into larger categories called economic sectors. Sectors are broader than industry classifications. For example, the retail trade sector contains industries such as clothing stores, shoe stores, and health and personal care stores. Companies are not limited to ...