MGT211 MIDTERM PAST PAPERS
MGT 211 VU Copyright Virtual University of Pakistan 5 1. Essential INDUSTRY Essential industry is occupied with the creation or extraction of unrefined substances, in the auxiliary business. Essential industry can be isolated into two sections.
Extractive Industry (b) Genetic Industry (a) Extractive Industry Extractive ventures are those enterprises, which concentrate, raise or produce unrefined substance from beneath or above or over the outer layer of the earth.
For instance, fishery, extraction of oil, gas and coal and so forth (b) Genetic Industry Hereditary ventures are those, which are occupied with recreating and increasing certain types of creatures and plants. For instance, poultry ranch, fishing ranch, journal ranch, plant nurseries and so on 2. Optional INDUSTRY These businesses utilize natural substances and make helpful merchandise.
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Unrefined substance of these enterprises is gotten from essential industry. Optional industry can be isolated into three sections: (a) Constructive Industry (b) Manufacturing Industry (c) Services Industry a) Constructive Industry A wide range of developments are remembered for this industry. MGT211 MIDTERM PAST PAPERS
For instance, structures, waterways, streets, spans and so on b) Manufacturing Industry In this industry, material is changed over into a few completed merchandise or semi-completed products. MGT211 MIDTERM PAST PAPERS
For instance, fishery, extraction of oil, gas and coal and so forth (b) Genetic Industry Hereditary ventures are those, which are occupied with recreating and increasing certain types of creatures and plants. For instance, poultry ranch, fishing ranch, journal ranch, plant nurseries and so on 2. Optional INDUSTRY These businesses utilize natural substances and make helpful merchandise.
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