93829
Description
Mind Map by Charlotte Webber, updated more than 1 year ago
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Created by Charlotte Webber
about 11 years ago
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Transforming resources
- Inputs
- Land
- Labour
- Capital
- Enterprise
- Land
- Outputs
- Primary sector
- extraction of natural materials
- extraction of natural materials
- Secondary sector
- Production of
finished
goods
- Production of
finished
goods
- Tertiary
- Providing service to
consumer/business
- Providing service to
consumer/business
- Quaternary
- Providing
information
& ICT
- Providing
information
& ICT
- Primary sector
- Adding Value- difference between the price of the finished
product/service and the cost of the inputs involved in making it
- Add Value
- Build a brand
- Deliver great customer service
- Features customers want
- Operate efficiently
- Build a brand
- Benefits to adding value...
- Charge higher price
- Securing business from other competitors
- Charge higher price
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