What are quinary activities?

Quinary activities are services that focus on the creation, re-arrangement and interpretation of new and existing ideas; data interpretation and the use and evaluation of new technologies.

What is an example of a quinary sector?

Quinary Sector This sector includes top executives or officials in such fields as government, science, universities, nonprofits, health care, culture, and the media. It may also include police and fire departments, which are public services as opposed to for-profit enterprises.

Who perform quinary activities?

Quinary activities Often referred to as ‘gold collar’ professions, they represent another subdivision of the tertiary sector representing special and highly paid skills of senior business executives, government officials, research scientists, financial and legal consultants, etc.

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What are examples of quaternary activities?

The quaternary sector consists of those industries providing information services, such as computing, ICT (information and communication technologies), consultancy (offering advice to businesses) and R&D (research, particularly in scientific fields).

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What are quaternary and quinary activities?

Solution

Quaternary Activities Quinary Activities
(i) Quaternary activities refer to those activities where the task is to think, research and develop ideas. (i) Quinary activities involve work related to administration.

What is quinary production?

The quinary sector of industry is the sector of industry suggested by some economists as comprising health, education, culture, research, police, fire service, and other government industries not intended to make a profit. These industries are more often included in the tertiary or quaternary sectors.

What is quinary industry?

What is the difference between quaternary and quinary activities?

(i) Quaternary activities refer to those activities where the task is to think, research and develop ideas. (i) Quinary activities involve work related to administration. (ii) Confined to research, training and education. (ii) Confined to the highest-level decision taking and policy making.

Can quinary activities be outsourced?

The services provided under the quinary sector can’t be completely outsourced whereas services involved in Quaternary type of economy are outsourced in varied forms as the doctor’ services, elementary schools and university classrooms, theaters, and brokerage firms.

Is teacher a quaternary?

Examples include doctors, teachers, lawyers, estate agents, travel agents, accountants and policemen. People working in these industries are described as being in the tertiary sector. People working in these industries are described as being in the quaternary sector.

How do quinary services different from quaternary services?

Quinary activities are different from Quaternary activities in the following manner: Quinary sector represents the highest category of decision makers who formulate policy guidelines whereas Quaternary is part of tertiary sector of the economy which is knowledge based.

What is quaternary and quinary?

Quinary sector represents the highest category of decision makers who formulate policy guidelines whereas Quaternary is part of tertiary sector of the economy which is knowledge based.