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What is the main four area and purpose of business and enterprise.

  • Manufacturing – production of a product from raw materials or sub-assemblies. Dealing with the marketing, buying of materials, production and selling of the product. All this is supported by management, finance, personnel etc.Often private or public limited companies.
  • Retail – dealing with the selling and marketing of goods obtained from suppliers. Can be sole traders, partnerships, private or public limited companies
  • Government –the public sector providing and supporting services to the community throughout the whole spectrum of society nationally and locally.
  • Charitable institutions – raising money for a wide variety of charities in many ways e.g. charity shops, charity functions, raffles etc