c : a Division or branch of a craft, artwork, business enterprise, or manufacture Specially : one which employs a substantial staff and money particularly in manufacturing d : systematic labor especially for some practical purpose or maybe the development of a thing of price
All heavy industry agro-industry essential industry industry-led industry-broad inter-industry light industry See all meanings Idioms and phrases a hive of activity/industry idiom
Increase to phrase list Incorporate to phrase listing [ U ] the businesses and activities involved in the manufacture of merchandise for sale, esp. within a manufacturing unit:
organization could be an inclusive term but exclusively designates the pursuits of Individuals engaged in the purchase or sale of commodities or in relevant monetary transactions.
Knowledge an Industry Similar enterprises are grouped into industries based upon the primary business enterprise actions or the principal product which they make or sell. This results in industry teams, that may then be accustomed to independent organizations from those who be involved in unique things to do.
SMART Vocabulary: related terms and phrases Industry & industrial procedures additive manufacturing biomanufacturing carding cleantech compression molding inter-industry just-in-time mild industry machine carding manufacture prefabricated prefabrication quality assurance good quality Manage reindustrialization synthetically unindustrialized vitrification vulcanization vulcanized See far more effects » You may also uncover relevant text, phrases, and synonyms in the topics:
These corporations have similar products and services, and can frequently reply in comparable tips on how to macroeconomic developments. Because of this, their stock costs frequently transfer up or down concurrently.
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An industry can be a classification that refers to a gaggle of businesses. A business is an entity that is definitely operated to attain individual business objectives.
Sensible Vocabulary: associated words and phrases and phrases Industry & industrial processes additive manufacturing biomanufacturing carding cleantech compression molding inter-industry just-in-time mild industry equipment carding manufacture prefabricated prefabrication good quality assurance quality Manage reindustrialization synthetically unindustrialized vitrification vulcanization vulcanized See a lot more results »
Industries may be more grouped into sectors, that is a broader classification that features numerous industries. Companies inside the exact sector might answer equally to some macroeconomic tendencies but not Some others.
Even so, occasions related to just one company specifically may cause the website linked stock to increase or tumble individually from Other people in the identical industry. This can be the results of events such as a differentiating solution launch, a corporate scandal during the information, or a alter in Management structures.
It’s crucial that you Observe that an individual company can reside in two different industries or two distinctive sectors. Together with getting in just the consumer products sector, Rite Assist is taken into account Element of the personal products and services sector likewise, inside the photofinishing laboratories industry.