QUATERNARY and QUINARY
QUATERNARY ACTIVITIES
WHAT ARE QUATERNARY ACTIVITIES
- These are specialized tertiary activities in the ‘Knowledge Sector’.
- This sector demands a separate classification.
- It is the intellectual aspect in the economy.
WHAT ARE QUATERNARY ACTIVITIES
- It helps entrepreneurs in innovation and improvisation.
- Egs. Personnel offices, elementary schools classrooms, hospitals and doctors’ offices, theatres, brokerage etc.
WHAT ARE ITS CHARACTERISTIC FEATURES?
- These can also be outsourced.
- Huge demand of information-based services.
- Services vary from tax consultants, software developers and statisticians etc.
WHAT ARE ITS CHARACTERISTIC FEATURES?
- Personnel working space involved.
- They are not tied to resources or environment.
QUINARY ACTIVITIES
WHAT ARE QUINARY ACTIVITIES?
- It also comprises the top decision-makers.
- This includes the government which passes legislation.
WHAT ARE QUINARY ACTIVITIES?
- These are services that focus on:
- New creation
- Re-arrangement and interpretation of new and existing ideas
- Data interpretation
- Use of new technologies.
WHAT ARE ITS CHARACTERISTIC FEATURES?
- They involve special and highly paid skills.
- Eg. senior business executives, government officials, research scientists, financial and legal consultants, etc.
- These also involve evaluation of new technologies.
- Often referred to as ‘gold collar’ professions.