third sector

Y-Negocios

2022

We explain what the tertiary sector is, its main areas and examples. In addition, what do the primary, secondary and quaternary sectors consist of.

The tertiary sector provides specialized support to consumers or companies.

What is the tertiary sector?

The tertiary sector or services sector is called the link in the economic chain that, unlike the previous two Economic sectors, is not engaged in the extraction of raw material nor to its transformation into consumer goods, but to the satisfaction of operational and commercial needs or of any other nature that both end consumers and other consumers require. Business and industries.

This sector is often in charge of providing specialized support in the conduct of its operations to both the primary and secondary sectors, especially in matters that do not directly involve the specific economic activity to which they are engaged.

For example, a pharmaceutical industry will require the shipment of its medicines to the people who consume them, and for this it goes to a transport company instead of doing it itself, thus receiving services Of transport. This is known asoutsourcing.

The tertiary sector It is by nature extremely diverse and specific, but broadly its three main areas of action are support, distribution and marketing.

  • Medium. Services in the resolution of problems of a specific area, or in obtaining human Resources, technological or in the supervision of structure of operation of the various forms of production.
  • Distribution. The transport of both processed goods, raw materials or persons, the latter for work, recreational or other purposes.
  • Commercialization. It is the final step of the productive chains, since it consists of taking the final product to its consumers and make it available to the local consumer market. In some cases the latter can be really broad, as with the saleon-line of products to any part of the world.

Examples from the tertiary sector

Whether for offices, public spaces or factories, cleaning services are needed.

Some examples from the service sector are:

  • Transport companies. Both those in charge of moving raw material from the primary to the secondary sector, as well as those that directly offer travel services to consumers: airlines, maritime lines, bus lines, etc.
  • Book distributors. Once they come off the press, the books must be distributed in the stores and bookstores where they will be bought by their readers. This work is often carried out by a distribution company.
  • Department stores. The goods that a store offers to the public were not made by its staff, but were received for sale after having passed through its entire production chain. Thus, stores are in charge of providing merchandise sales services.
  • Cleaning companies. Whether for offices, public spaces or factories, cleaning services companies provide an essential task: keeping the spaces clean, orderly, by means of a staff trained in these tasks and equipped with the necessary equipment.
  • Technical or repair services. Those assistance services to repair artifacts, repair structural damage to the home or even to offer decoration changes, etc.
  • Catering services. For the production of events (parties, presentations, exhibitions, etc.), kitchen, beverage and inn services are usually required, for which there are companies available in the market.

Primary sector

The primary sector is responsible for the extraction of raw materials.

The primary sector is the one that starts the production chain, through the extraction or obtaining of resources from the nature: the raw material. Said raw material is obtained by intervening the environment and often under strict ecological or operational rules that the Condition It has the mission of supervising, since the primary sector usually operates under the figure of the state tender: a legal permit to extract a good or a resource.

Secondary sector

The secondary sector deals with transforming the raw material.

The secondary sector receives the raw material from the primary sector and is in charge of subjecting it to specialized transformation procedures, thus obtaining prepared products ready for their consumption, O well products semi-finished products that will in turn go to another industry in the sector to form part of other manufactured products. It is the industrial sector par excellence, the one in charge of manufacturing the things we consume.

Quaternary sector

The quaternary sector requires highly trained personnel.

The quaternary sector is born from a specialization of the tertiary, since this is the sector of knowledge. Its offer is based on services that are impossible to machine and that require highly trained personnel with special knowledge, such as the Sciences, the research and development, financial planning, etc.

These services are demanded by any company in the previous sectors as a method to maximize or improve its operation, either by incorporating new technologies, correcting their chain of operation or allowing others to make their selection of personnel or the management his finance.

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