industry for Dummies

When a collection of particular person firms function in a similar way and make identical output, They could be grouped together and categorized as Portion of the exact same industry.

All large industry agro-industry fundamental industry industry-led industry-large inter-industry mild industry See all meanings Idioms and phrases a hive of action/industry idiom

Specific businesses are usually assigned to an industry centered on their most significant resources of revenue. One example is, although an auto manufacturer may have a funding division that contributes ten% towards the company’s In general revenues, the organization can be classified from the automaker industry by most classification techniques rather than inside the money services industry.

These examples are from corpora and from sources on the net. Any opinions within the examples tend not to depict the opinion of the Cambridge Dictionary editors or of Cambridge College Push or its licensors.

Occupation gains in services industries for instance health treatment and banking offset losses in this sort of areas as building.

Clever Vocabulary: associated words and phrases and phrases Industry & industrial processes additive producing biomanufacturing carding cleantech compression molding inter-industry just-in-time light industry device carding manufacture prefabricated prefabrication good quality assurance high quality Handle reindustrialization synthetically unindustrialized vitrification vulcanization vulcanized See a lot more results » You may as well come across related text, phrases, and synonyms within the topics:

With this analogy, each year represents seven many years in this industry — given that they are certainly powerful ones.

; it's not like it took place overnight. From TIME The time to be oh-so-well mannered about the industry's soiled small magic formula is over. From CNN We should always want workers to maneuver into new industries that provide our desires.

Unique Factors Shares Stocks within the exact same industry usually rise and slide as a bunch because the same macroeconomic aspects are likely to impact all associates of the industry.

Chemical Merchandise Though character presents us having a staggering number of natural resources, humankind has also manufactured utilization of an awesome number of gentleman-manufactured compounds and substances.

SMART Vocabulary: linked terms and phrases Industry & industrial procedures additive manufacturing biomanufacturing carding cleantech compression molding inter-industry just-in-time light-weight industry machine carding manufacture prefabricated prefabrication high quality assurance high-quality Management reindustrialization synthetically unindustrialized vitrification vulcanization vulcanized See much more success »

Industries may be further more grouped into sectors, that's a broader classification that includes many industries. Organizations inside the exact sector could reply in the same way to some macroeconomic trends but not Other individuals.

You can find eight meanings listed in OED's entry with the noun industry, two of which happen to be labelled obsolete. See ‘Meaning & use’ for definitions, utilization, and quotation proof.

An extension of tertiary industry that is often recognized as its own sector, quaternary industry, is worried about information and facts-based or knowledge-oriented services. Such as tertiary sector, it comprises a mix of private and government endeavours. Industries and things more info to do in this sector involve facts programs and information technological know-how (IT); exploration and advancement, including technological enhancement and scientific investigation; monetary and strategic Assessment and consulting; media and communications technologies and expert services; and training, which include teaching and educational technologies and expert services.

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