Rptm 410 exam 1 - Study guides, Class notes & Summaries
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RPTM 410 Exam 1 Question and answers 100% correct
- Exam (elaborations) • 6 pages • 2024
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RPTM 410 Exam 1 Question and answers 100% correct RPTM 410 Exam 1 
 
Primary Sector - correct answer Makes direct use of natural resources 
 
Secondary sector - correct answer Includes manufacturing, physically modifying the object being produced 
 
Tertiary Sector - correct answer Providing a service, creating intangible value 
 
Service - correct answer Action performed by one party on the behalf of another party 
 
Two main characteristics of service - correct answer -No change ...
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RPTM 410 EXAM 1 Question and answers verified to pass
- Exam (elaborations) • 5 pages • 2024
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RPTM 410 EXAM 1 Question and answers verified to pass RPTM 410 EXAM 1 
 
Understand primary sector, secondary sector, and tertiary sector of the economy - correct answer primary is agriculture/extracting raw materials secondary produces goods like factories and tertiary is the services being offered to consumers 
 
Know the definition of service; the definition of marketing - correct answer Service: economic activities which bring about desired results to recipients, objects, or other asse...
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