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Following on from “Types of Markets”, the next concept you need to know is how businesses can be classified into different “Industrial Sectors”:
In each case you need to understand the benefits and costs to a business of operating in the industrial sector.
In this section of your e-unit you will be asked to research some real businesses. Don’t skip this research as you will need it for some of the later parts of your e-unit. In many cases you will need to be connected to the internet to complete the research. The businesses are:
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