SECTORS OF ECONOMY The three-sector theory is an economictheory which divides economies into three sectors of activity: extraction of raw materials (primary)‚ manufacturing (secondary)‚ and services (tertiary). It was developed by Colin Clark and Jean Fourastié. According to the theory‚ the main focus of aneconomy’s activity shifts from the primary‚ through the secondary and finally to the tertiary sector. Fourastié saw the process as essentially positive‚ and in The Great Hope of the Twentieth
Premium Economy Tertiary sector of the economy Industry
Since‚ garments manufacturing companies contributing largely in Bangladesh economy. This sector producing various kinds of garments products & exporting to many countries in the world. That means not only garments sector contributing largely in Bangladesh’s economy but also it contributing in the world trade market. It has a great opportunity to more enhance its business. There are some reasons for growing more this segment: 1. Cheap labor cost. 2. Free from hardly government regulation
Premium World Trade Organization Economics Currency
The advantage of working in private sector in term of salaries Higher payment salaries (1) Employment opportunities . There are a lot of freshly graduates that are being produce every year. With all the unemployed people plus with the freshly graduates ‚ the competition of acquired the getting harder . (2) Overtime . working in private sector‚ there are a lot of overtime compare to government sector. This private company such as an example will offer their worker overtime to increase their production
Free Economics Money
LENDING TO PRIORITY SECTOR At a meeting of the National Credit Council held in July 1968‚ it was emphasised that commercial banks should increase their involvement in the financing of priority sectors‚ viz.‚ agriculture and small scale industries. The description of the priority sectors was later formalised in 1972 on the basis of the report submitted by the Informal Study Group on Statistics relating to advances to the Priority Sectors constituted by the Reserve Bank in May 1971. On the basis
Premium Debt Credit Loan
__________________________________________________________________________________ SERVICE SECTOR - CURRENT MARKETTING NATURE INTRODUCTION Services are deed process and performance. Service includes all economic activities whose output is not tangible. The world economy nowadays is increasingly characterized as service economy .As today more than 70% of world economies income and employment is contributed by services sector and p their major contribution to the GDP in developing countries. Service marketing
Premium Marketing
Tourism Sector Contents * Introduction What is the tourism? The meaning of the tourism The feature of tourism (5 points) ……1 * Main body Two different kinds of people to travel ……2 a) & b) * Conclusion ……1 * Reference ……1 Introduction
Premium Tourism
Management of Change in the Public Sector Joseph Mphafudi Contents 0 Introduction 2 The definition of Change management 3 Origin of Change Management 4 Factors that prompted Necessity for Change 5 The Approach to Change Management in the Public Sector 6 Managing Change in the public Sector –Methods and Tools 14 Conclusion 16 References 17 Introduction In today’s knowledge-based economy‚ the world is highly competitive and demanding. Society
Premium Change management Management
PROBLEMS IN EDUCATION SECTOR AND THEIR SOLUTIONS Islamic Republic of Pakistan‚ a country of 170 million people‚ full of natural resources and more than 60 years of independence but still not respected in the world community. In less than 30 years of independence‚ it’s one wing gets separated (Bangladesh). Remaining part till today is living on IMF‚ World Bank and foreign donations. Majority of the population is living in rural areas without basic necessities of life. It is a country where financial
Premium Pakistan
WHAT EXTENT CAN PRIVATE SECTOR APPROACHES TO HUMAN RESOURCE MANAGEMENT BE DIRECTLY TRANSFERRED INTO THE PUBLIC SECTOR? AN ILLISTRATION OF THE NHS CASE. INTRODUCTION Since the advent of new public management reforms‚ private sector managerial approaches are fast gaining attention in various public sectors. This is due to the belief that on-going global economic constraints and fiscal crises are demanding for more organisational effectiveness with minimal cost‚ and private sector practices are believed
Premium Human resource management
North Cachar Hills Agriculture & allied activities Agriculture‚ Horticulture & Marketing All the tribes living in this hill district are mainly depending on agriculture. The primitive system of Jhuming cultivation are common among all the tribes. The practice of Jhuming not only destroy the micro flora and fauna but also affect ecological balance by destroying forest. So‚ an attempt has been made through this scheme to replace Jhum by permanent cultivation
Premium Agriculture Poultry farming