Primary The primary sector includes such businesses as agriculture, fishing, forestry and mining. It is the one that deals with raw materials. An example of an organisation from this sector is National Steel Pellet Company based on the Mesabi Iron Range of Minnesota The purpose of this organisation is to mine iron ore from the earth and mix it with other materials to make steel pellets, which are then transferred to another company to turn it into other finished steel materials such as steel sheets. Though this company is primary it also incorporates secondary because it turns the ore into steel pellets. The mission statement of this company is “To supply quality products to our customers while continuously improving to meet their changing needs.” This company was founded just after July in 1964 and nearly three and a half years later, their first shipment was made. At this time the production rate was 2.
4 million tons per year. In 1997 an expansion took them to producing 3. 4 million tons per year and after yet more improvements they are now producing 5. 2 million tons per year. In 1980 they reached their peak employment and at that time had 1800 employees but today with a production process that is more efficient they can work at the same level with only 500 workers. Since their first shipment in 1967 they have produced over 110 million tones of pellets Secondary The secondary sector includes such business as construction and manufacturing industries, which is basically the transformation of materials from the primary sector.
The Essay on Ford Motor Company Steel Global Program
FORD and e-STEEL Enter Into Multi-Year e-Commerce Agreement Automotive Leader to Use Leading Online Steel Exchange to e-Enable Major Web-based, Global Value Chain Purchasing Initiative Dearborn, Mich. , and New York, NY - Business Wire - May 17, 2000 - Ford Motor Company (NYSE: F), and e-STEEL Corporation, the leading negotiation-based e-Commerce exchange for the global steel industry, today ...
An example of a business from this sector is United States Steel Corporation. They have recently entered talks with the National Steel Corporation who went into liquidation recently. This company is headquartered in Pittsburgh, USA. The purpose of this organisation is to produce steel products from the pellets that are shipped to them.
These include tubular products, which manufactures and markets carbon and low alloy steel pipe, which is used in oil and gas exploration and production. This company also has a tin mill which, like the afore mentioned organisation, puts it in the primary and secondary sectors. They make this tin into everyday products we use at home from aerosol cans to paperclips. They also produce sheet metal, which is used for car panels. The nearest quote I could find to being a business objective from this company is “United States Steel Corporation is committed to ethical and legal behaviour in conducting business affairs and requires the highest standard of personal integrity from all employees and company representatives” This company was founded in 1901 and was the biggest enterprise ever launched. They had an authorised capitalisation of $1.
4 billion. Throughout the years the corporation consolidated its subsidiaries and divisions and reorganised the whole structure of the company in the 1980’s. In 1982 they acquired Marathon Oil Company and then Texas Oil Group in 1986. Later Marathon Oil and USSC split back into two different trading companies. USSC is still one of the biggest organisations in its field today. Tertiary The tertiary sector includes such businesses as computer stores, outlets, high street shops and car dealerships.
They are low-tech industries that are devoted to the provision of services. An example of a business from this sector is Morgan Motor Company. They are based in Malvern Link in Worcestershire, UK. The purpose of this organisation is to provide performance cars to the public, race fanatics and its own race team.
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Executive Summary Introduction Mission Vision Strategy & Assessment Management Team Five Year Proforma Business Opportunity Market Product & Services Customers Value Proposition Demographics + Target Markets Site Selection Competition Store Operations Store Front Store Space – Experience Store Staffing Compensation Regulations Supply Chain Cash Back-office Systems Security Key Performance ...
So this would include performance cars that are made for the racetrack and cars for the road but which are still built to a high standard. Again, like the other two businesses this one is also in two sectors, the secondary and tertiary. They are in the secondary because they make the cars and in the tertiary because they sell them straight to the public. Their business objective is “To maintain our traditions of coach building and craftsmanship while continually developing our people and process which will enable us to make more cars and delight more customers by making them Morgan owners” The background to this company is very extensive. HFS Morgan founded the company in 1912 and in 1913 they made their first sports runabout and also made some long nosed racing cars. In 1915 Morgan made a four-seater car, which was a very plush car made 3 for his family.
After the war this car was made and market as the family model and sold in great numbers. From then until today the company has continued to go from strength to strength making faster and better performance cars. At present they are building 540 cars per year and the average time for a Morgan sports car is 23 days. A build plan of the models is fixed model six months in advance. After that a build ticket outlining the customers precise specifications is released three weeks prior to production.
