c : a Section or department of the craft, artwork, enterprise, or manufacture Particularly : one which employs a big personnel and capital particularly in producing d : systematic labor specifically for some useful purpose or even the creation of one thing of worth
That is especially accurate of nearly anything to complete with the defence industry, the plane industry and so forth.
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When a collection of unique businesses run in an identical manner and deliver very similar output, They might be grouped with each other and classified as Element of precisely the same industry.
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Chemical Goods Whilst nature supplies us with a staggering degree of organic assets, humankind has also created utilization of a fantastic range of guy-manufactured compounds and substances.
How Buyers Use Industries Buyers and economists often analyze industries to better fully grasp the factors and limitations of corporate income expansion. Investors frequently Examine corporations functioning in precisely the same industry To guage their relative attractiveness as an financial commitment.
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the mixture of work, scholarship, and ancillary exercise in a specific area, frequently named right after its principal topic:
small business can be an inclusive phrase but particularly designates the activities of Those people engaged in the purchase or sale of commodities or in related financial transactions.
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The extractive industries contain the mining of mineral ores, the quarrying of stone, plus the extraction of mineral fuels.