What type of business sectors are there

As energy has become essential in industrial societies, the ownership and control of energy resources play a strategic role in international politics. Because conventional energy sources are limited and damaging to the environment, it has become the top priority of world leaders to maximize the use of alternate energy sources and fund research devoted to renewable energy.

The entertainment industry, commonly referred to as show business, employs hundreds of thousands of people and consists of three main groups of people.

The business side of the industry includes managers , agents, producers, and distributors. The creative side includes entertainers, like artists, performers, musicians, writers, and technicians like lighting technicians or cameramen.

The viewers form the core part of the entertainment sector. The modern entertainment industry is inseparable with the fashion industry. Celebrities set and follow trends and are closely watched for their fashion choices. Although the entertainment sector was present all through the centuries, the show business as we know it today has become highly commercialized.

Also, the means of entertaining people have changed a lot. For example, these days, the main place people visit to be entertained is Youtube and similar online platforms, while the traditional television is slowly dying out due to video streaming services like Netflix and Amazon Prime. About one-third of the global industry worth is made up by the United States entertainment industry, with Hollywood producing half of all the films shot in the United States.

The food industry is an aggregation of diverse businesses which together are responsible for supplying food to the global population.

In order to produce food, the industry uses huge masses of raw material that it obtains directly from the farming sector. Thus, the industry is almost entirely dependent on the agriculture industry. The sector encompasses everything from farming and food production, preservation, packaging, and distribution, to retail and catering. Such a complex industry requires a wide range of skills, which in turn creates workplaces in several hundred occupation types. The food sector is highly diversified; the food companies vary substantially in sizes, company organization, workforce proportions, and levels of mechanization.

The food services like catering, and highly-processed and ready—to—go foods have become especially popular in the hectic modern world. The healthcare industry is a global collective of diverse sectors that provides remedial, diagnostic, curative, preventive, rehabilitative, palliative, therapeutic care. Generally, this industry helps to revive and maintain the health of people through the use of the goods and services provided by it. The US is one of the countries that spend the most on healthcare in the world.

In , healthcare expenditures paid to hospitals, medical and clinical specialists, nursing homes, pharmacies, medical device producents and other consumed The hospitality industry combines many subcategories from the service sector. The services offered by this industry include lodging, meals, event planning, gyms, beauty centers, amusement parks, transportation, and traveling. All these hospitality units require maintenance and management skills and create local jobs for receptionists, servers, housekeepers, porters, cooks, bartenders, managers, etc.

The hospitality industry is a highly customer-oriented market and provides services to the traveling public on a commercial basis. Leading countries by the number of rooms: the United States , rooms ; China , rooms , Indonesia 66, rooms , Germany 47, rooms , the UK 36, rooms. Largest companies : Marriott International, Inc. The manufacturing industry is closely associated with engineering and industrial design.

The sector processes raw materials into a final product through the use of manual labor or machinery on a global scale. Such assembled goods are then distributed and sold to other manufacturers to be transformed with other components into more complex goods, or sold directly to retailers. Many major sectors, like food industry, wood industry, paper industry, petroleum industry, or transportation equipment industry, qualify as manufacturing industries, too.

The industry is governed by labor laws as well as management and quality control. We also cannot ignore the fact that the manufacturing industry often uses hazardous materials, which has its downsides and environmental costs. Such practice entails huge clean-up costs and poses a health risk to workers. Hence to address this problem, the industrial activity is subject to regulations and pollution taxes. Leading countries by manufacturing output : China 3,,, European Union 2,,, United States 2,, , Japan 1,, , Germany ,, South Korea ,, India ,, Italy ,, France ,, United Kingdom , The mining industry refers to the extraction of valuable minerals, metals, and other geological resources from the earth all across the globe.

The sector is also connected with the exploration and locating of geological deposits. Those deposits include ore body, vein, lode, seam, reef or placer reservoirs. Ores used by mining include metals, coal, oil shale, gemstones, and many more. The tertiary sector of industry is concerned with providing a service. Services are activities that are done by people or businesses for consumers. Examples of businesses that operate in the tertiary sector would be hairdressers, banks, supermarkets or cinemas.

The quaternary sector is sometimes included with the tertiary sector, as they are both service sectors. There will soon be cars on the road without human drivers.

It will also reduce the cases of accidents on the road because roads will be able to sense the presence of other cars on the road using Mobile ad- hoc networks and sensor installed on the road. The agriculture industry is one of the oldest types of business industry. Agriculture industry consists of cultivating land, plants and breeding animals to produce foods and other survival things. After that, the agriculture industry has been growing exponentially. The agriculture industry is an important industry of countries like India, Africa and other countries having a good ecosystem.

This industry consists of producing, providing, selling and exporting agricultural goods. This industry provides employment to researchers, scientists, biotechnicians, veterinarians, farm labors and development technicians. Latest agronomy, genetically modified plants, chemical-like Pesticides, and fertilizers have sped-up and increased production. Cargill, a Minneapolis based company is one of the renowned companies in the Agricultural industry.

The construction sector is indulged in designing, building, constructing and maintaining the infrastructure. The construction industry can be sub-divided into three categories such as heavy construction, general construction, and specialized construction. Heavy construction includes the construction of bridges and roads etc. General construction includes the building of residential places and commercial real estate.

Specialized construction includes making electric and wood things required to construct a building. This era has witnessed the modernization in the way of constructing building and houses. Construction and related types of business industries have benefitted from the advancement of technology. It has given us skyscrapers, which provides a place for everyone even with population growth. Usually, more than hundred people work on a single project and it becomes very difficult to keep in touch with everyone and communicate ideas.

BIM eliminates this problem and provides a platform to work together and share ideas and cultivate a better plan. Education industry or education system is a group of school, colleges, universities, institutes to provide learning, knowledge, skills , and a degree in various fields. Educational institutes can broadly be divided into two categories public and private. Public institutes are funded by government whereas private institutes run by a single person or by a group of people.

According to a recent survey, Enrollment of students is increasing every year in both traditional as well as in online courses. Online courses are most preferred by working people or people above the age of 30 years, whereas regular students prefer to enroll in traditional courses. Every country keeps a large portion of the annual budget for this sector to update the education system to provide better skills to students.

The pharmaceutical company is a licensed firm to research, discover, develop, market and sell the drugs. It is an important industry worldwide. Constant research is an important aspect of the pharmaceutical industry. These companies research and produce drugs to cure diseases of humans and animals. There are some drugs that also treat symptoms. Pharmaceutical companies are highly regularized companies. Companies like Medtronic, Boston Scientific, Carl Zeiss, etc are leaders in medical device industries.

Food Industry comprises processing, preservation, conversion, and preservation of eatable items. The raw material for the food industry is obtained from the agriculture industry. Therefore, the food industry is dependent on the agriculture industry. After processing food various chemicals and color are added to food items to preserve them for a long time with maintaining their taste.

The high demand for processed and packed food gave birth to many companies and almost every kind of food from instant noodles to curry is available in packets. Other than that food service, as known as catering and food technology are also an integral part of this enormous food industry. Food technology comprises Research and development to make more readymade food. Health care industry provides remedial, diagnostic, curative, preventive, rehabilitative, therapeutic services to patients and to people in their old age.

The main goal of this industry is to revive and maintain the health of peoples. Some are small; others are large. Some may be set up as corporations, partnerships, or proprietorships. Some may be home-based, while others operate in dozens of factories across the country.

Business sectors are responsible for production. In fact, it's not so much a sector as a process that creates resources for production. Production is the underlying process that combines resources and creates a valuable commodity or service. Usually, production involves a physical transformation of materials. For example, bauxite ore, iron ore, petroleum, and silicate sand are all used to create a high-powered automobile. Typically, production requires the spatial relocation of commodities.

When a car is shipped to a dealership, that is an act of production that will enhance the value of the product. Although the business sector mainly produces and supplies goods or services, they also do some purchasing of their own. Business expenditure plays a significant role in short-term business cycles and long-term economic growth.