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When a collection of unique corporations function in an identical fashion and make very similar output, They might be grouped jointly and categorized as Element of precisely the same industry.
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organized financial exercise concerned with manufacture, extraction and processing of raw resources, or design
the combination of work, scholarship, and ancillary activity in a certain discipline, usually named just after its principal subject matter:
Industries vs. Sectors Sectors and industries are classifications utilized to team identical kinds of enterprise operations. However, sectors are broader than industries.
the car/electronics/design industry In the development industry, as in other industries, mechanization has had a major effects.
Stocks of companies operating inside the exact industry are inclined to obtain identical stock rate movements. This is because firms in just a supplied industry encounter a similar headwinds, troubles, and broad triumphs.
Peace, also—or peace underneath the more info previous disorders of industry—is infinitely wasteful of human Strength.
Special Factors Shares Shares throughout the exact same industry normally increase and slide as a group as the identical macroeconomic elements are very likely to influence all associates of the industry.
Rite Assist Corp. and Gap Inc. are associates of the identical purchaser goods sector, but Each and every is detailed in a special industry dependant on the products that they deliver or offer.
SMART Vocabulary: connected words and phrases and phrases Industry & industrial procedures additive manufacturing biomanufacturing carding cleantech compression molding inter-industry just-in-time gentle industry device carding manufacture prefabricated prefabrication high-quality assurance high quality Regulate reindustrialization synthetically unindustrialized vitrification vulcanization vulcanized See much more final results »
Industries could be further grouped into sectors, which happens to be a broader classification that includes numerous industries. Firms inside the exact same sector may perhaps answer in the same way to some macroeconomic trends but not Many others.
You will discover eight meanings detailed in OED's entry to the noun industry, two of which can be labelled out of date. See ‘Meaning & use’ for definitions, usage, and quotation proof.
, 19 Aug. 2024 The Museum of Broadcast Communications has revealed eight new Legends inductees into the Radio Hall of Fame for 2024, honoring the skills and function of on-air personalities, programmers and operators which have built considerable contributions for the radio industry