Detailed Notes on industry
Wise Vocabulary: associated phrases and phrases Industry & industrial processes additive production biomanufacturing carding cleantech compression molding inter-industry just-in-time gentle industry machine carding manufacture prefabricated prefabrication top quality assurance high-quality Regulate reindustrialization synthetically unindustrialized vitrification vulcanization vulcanized See more benefits »industry relates to the making of commodities, Particularly by producing or processing, generally on a large scale.
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Include to term checklist Include to term list B2 [ U ] the companies and functions associated with the process of creating products available, specifically in a manufacturing facility or Exclusive location:
the car/electronics/design industry In the construction industry, as in other industries, mechanization has experienced A significant impact.
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What Is an Industry? The expression "industry" is actually a classification for a gaggle of firms that have comparable company things to do. In present day economies, you'll find dozens of industry classifications. Industries ordinarily are grouped into greater types known as sectors.
[countable] the individuals and activities linked to making a particular point, or in supplying a certain service
Stocks of firms functioning within the identical industry are inclined to have equivalent stock price tag actions. It's because providers within a provided industry deal with exactly the same headwinds, issues, and broad triumphs.
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This sector of a country’s economic climate involves agriculture, forestry, fishing, mining, quarrying, and also the extraction of minerals. It may be divided into two classes: genetic industry, including the creation of Uncooked elements Which may be enhanced by human intervention inside the manufacturing procedure; and extractive industry, such as the creation of exhaustible Uncooked components that cannot be augmented by means of cultivation.
enterprise could possibly be an inclusive expression but specially designates the functions of Those people engaged in the acquisition or sale of commodities or in relevant economical transactions.
Rite Support Corp. and Gap Inc. are customers of precisely the same client goods sector, but Each individual is shown in a special industry based on the products that they produce or market.
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industry figures/data/ordinary The automobile maker spends $581 a lot more on distribution for every car or truck compared to industry normal.