Preview

Why Welsh Water Operates In The Secondary Sector

Satisfactory Essays
Open Document
Open Document
1165 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Why Welsh Water Operates In The Secondary Sector
Business Studies-Unit 1-The Business Environment-P1
Welsh Waters

Welsh Water operates in the Public Sector; this means that this business is owned by the government and that it is a non-profitable organisation because there are owned by the government, this means that the Welsh Waters doesn’t make a profit.
Also, Welsh Waters operates in the Secondary sector.
The secondary sector is involved in the second stage of the productive process which involves taking raw materials and resources and transforming them into finished or semi-finished products or goods. For example, a brewery such as Scottish and Newcastle takes hopes and barely which have been growing by farmers and combines them with water to produce a finished product, which can be
…show more content…
They include businesses such as arable, as they extract or obtain resources from the natural environment and they include daily and fish farming. Some of these primary industries are called extractive industries, industries such as coal mining, quarrying, and drilling for oil and water supplies industries. The number of people who work in these industries in the UK is relatively small but the production of foodstuffs to feed the UK’s 60 million population, and obtaining natural resources for businesses, it’s clearly vital for our success as an …show more content…
For example, a brewery such as Scottish and Newcastle takes hopes and barely which have been growing by farmers and combines them with water to produce a finished product, which can be sold to consumers, pubs, hotels and restaurants. Brewing is, therefore, a secondary process.
The reason of why Centrica is in the secondary sector is because Centrica process the energy they created in the primary sector, they store the energy and they have the energy which is what an organisation in the secondary sector would do.
The tertiary sector covers all of the thousands of services provided in the UK economy. The tertiary sector does not make products as such as but it provides valuable services that consumers and other businesses are prepared to pay for. There has been huge growth in this sector of the economy over the last 50 years and over three-quarters of all workers work in the tertiary sector. Some of the largest tertiary industries work together.
The reason of why Centrica is in the tertiary sector is because Centrica supplies the energy to the businesses and they then service the energy and they then sell it to the various

You May Also Find These Documents Helpful

  • Good Essays

    Fafco Case

    • 689 Words
    • 3 Pages

    Three other important reasons for Fafco to vertically integrate the panel process is the control Hercules has over price, Fafco’s lack of investment decision for Hercules, and Fafco’s of lack of control over Hercules incentives. First, Fafco seems to be under the impression that Hercules will increase the price of the panels since the panels are of more importance to Fafco than Hercules. Basically, it appears the Hercules is balking at giving up its profits. Giving the fact that Hercules is willing to give up profits and since there are no other suppliers and the internal return for operations are higher, Fafco should vertically integrate. Second, the lack of control over investment decisions shows that Fafco should vertically integrate. The case paints a picture that Fafco has no input in the process and that Hercules is not doing any investments to help improve the quality and price of materials. Finally, Fafco has no control over incentives which is evident by the lack of quality panels being delivered and helps reinforce the fact that Fafco should vertically integrate to produce higher quality products.…

    • 689 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Primary: Includes all those businesses in which production is directly associated with natural resources (raw materials). E.G farming, mining an fishing. It's role is essential as it provides all our food requirements.…

    • 314 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    A public limited company (PLC) means it is able to offer shares to the public. The owners of these PLC’s are the main shareholders. A tertiary business is one that provides a service to other business or individuals.…

    • 1014 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Russia Review Sheet

    • 329 Words
    • 2 Pages

    Tertiary Economic: economic sector has to do with services to businesses and consumers. Dry cleaners, real estate agents and loan officers fall into the category of tertiary economic sector workers. Transportation, banking, tourism and retail stores are all part of the tertiary economic…

    • 329 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    P1 P2 M1 D1

    • 2906 Words
    • 8 Pages

    Sainsbury's is currently in the Secondary Sector. This is because the organisation provides services (Sainsbury's Bank), sell food but also have their own farm.…

    • 2906 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Unit 1 Business

    • 4475 Words
    • 18 Pages

    Asda’s scale of operation is national as there are more than 500 Asda stores across the UK – some big, some huge and some small but perfectly formed. And although they vary in size, location and the range of products and facilities on offer, you’ll find the same low prices. Asda operates in the tertiary sector. The features of this sector include the final stage in the chain of production (a chain of production shows all the processes involved in creating a product from start to finish). The features of this sector are: it involves selling products and providing customers with services, is one of the most important industries in the UK and t is the biggest employer of people in the UK. It refers to the commercial services that support the production and distribution process, for example: insurance, transport, advertising, warehousing and other services such as teaching and health care. Therefore, the economic business sector that Asda operates within is the tertiary sector because they offer a service/products to the public.…

    • 4475 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Bluewater Case Study

    • 610 Words
    • 3 Pages

    * Bluewater makes sure it remains sustainable – it has high operational standards, water usage is measured and controlled, energy is reduced as much as possible, it has a lake and wildlife area to introduce biodiversity, community partnerships, as little chemical use as possible and green transport e.g. buses.…

    • 610 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Ap Human Geography Ch.11

    • 1147 Words
    • 5 Pages

    3. secondary economic activity – The act of changing a primary product into something new. Examples – wood into furniture; oil into petroleum; fruits and vegetables into canned products; plant components into make-up etc.…

    • 1147 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Food Tech Notes Hsc

    • 3230 Words
    • 13 Pages

    The production + supply of food for individ + consumer use is called the agri-food chain, which consists of four main sectors:…

    • 3230 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    The Business Environment

    • 1565 Words
    • 7 Pages

    Waitrose is the tertiary sector, the source of the produce is the primary sector and the factory that manipulates the product by packaging it and branding the product is the secondary sector. Waitrose is not a primary sector because it does not own the farm…

    • 1565 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Primary industries are those that ____extract________ (take) raw _____materials_________ from nature, _____process______ them slightly to add _ value_to products_____, then sell them to other businesses.…

    • 761 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Queensland Water Crisis

    • 738 Words
    • 3 Pages

    Good morning ladies and gentlemen I am here today to discuss the water crises for south east Queensland, this is an issue which is related to the topic of environmental economics a Very important issue that is not only affecting the south east region of Australia but all of our country in some way. This seminar will also evaluate this water crisis using criteria to provide recommendations to the state government…

    • 738 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    btec level 3 business

    • 928 Words
    • 4 Pages

    All organisations have different types of businesses such as if it’s local, national or global or if it is primary or tertiary etc.…

    • 928 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Langley school for girls is a local business organisations; it is a business that is public so that the whole community is able to access it. Langley Girls is a Public sector because it’s being controlled by the government; they are less likely to take risks, because they operate for the benefit of the wider public and not for profit and it’s paid for through taxes that we pay. LPGS is found in Tertiary Sector because it is part of the service industry that is open to all customers. It refers to the commercial services that support the production and distribution process, e.g. insurance, transport, advertising, warehousing and other services such as teaching and health care. And they normally offer their knowledge and time to improve productivity, performance, potential and sustainability.…

    • 1122 Words
    • 5 Pages
    Good Essays
  • Good Essays

    water privatization

    • 534 Words
    • 3 Pages

    It takes less than a week for a human to die from lack of water. Water is the single most important substance on the planet; without it, life could not exist. It's as necessary for humans as oxygen. Unfortunately, the amount of fresh, clean water that is readily available for human use is diminishing at an alarming rate. Currently, one sixth of the world's population, over one billion people, do not have access to adequate drinking water. What's more, corporations and other private entities are buying up the world's fresh water and charging for it. If this is allowed to continue, many people will not have access to what fresh water remains because they will not be able to afford it.…

    • 534 Words
    • 3 Pages
    Good Essays