Define quaternary & Quinary activities with examples?
Quaternary Activities
The quaternary sector involves knowledge-oriented activities and people. It includes services such as research and development or practising specialised knowledge, using technical skills and possessing administrative competence.
Quinary Services
The highest level of decision makers or policy makers performs quinary activities. People involved in this sector are called ‘gold collar’ professionals because they are highly skilled and paid senior business executives, research scientists, legal and financial consultants.