c : a department or department of the craft, artwork, enterprise, or manufacture Specially : one that employs a considerable personnel and capital specifically in production d : systematic labor especially for some handy reason or the generation of anything of value
All major industry agro-industry basic industry industry-led industry-extensive inter-industry light-weight industry See all meanings Idioms and phrases a hive of activity/industry idiom
organized financial action worried about manufacture, extraction and processing of raw resources, or construction
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Knowledge an Industry Equivalent companies are grouped into industries dependant on the principal business enterprise pursuits or the first solution they develop or sell. This produces industry teams, which may then be used to different corporations from people who engage in various things to do.
Add to word record Incorporate to term record B2 [ U ] the businesses and things to do involved with the process of producing items available for sale, specifically in a factory or Exclusive spot:
Look through industrials phrase industrious industriously industriousness industry industry analysis industry analyst industry Affiliation industry chief #randomImageQuizHook.filename #randomImageQuizHook.isQuiz Take a look at your vocabulary with our entertaining impression quizzes
Investors trying to get greater performing shares and ETFs frequently review the top executing industries and observe industry rankings for changes. By way of example, buyers may possibly see a red flag where by an investment decision is anxious after they see an industry that is declined in rank.
Encyclopaedia Britannica's editors oversee subject matter parts in which they have substantial expertise, irrespective of whether from years of encounter received by focusing on that written content or through examine for a complicated diploma. They publish new articles and confirm and edit content material received from contributors.
Licensee: Definition and kinds A licensee is a business, entity, or unique which has lawful authorization to carry out pursuits employing a thing that A different social gathering owns or controls.
The NAICS, developed by America, copyright, and Mexico, is definitely the normal by which government agencies classify organizations when compiling statistical facts. While in the NAICS hierarchy, corporations that use comparable generation procedures are categorized in a similar industry.
Providers within just an industry typically carry out in the travel industry awards same way because of macroeconomic problems that aid or damage all companies with related client bases or goods.
However, events connected with 1 enterprise particularly can result in the affiliated inventory to increase or slide individually from others throughout the same industry. This may be the results of functions for instance a differentiating product or service launch, a corporate scandal in the news, or even a modify in Management buildings.
It’s vital that you note that a single corporation can reside in two unique industries or two distinct sectors. As well as becoming inside of The customer merchandise sector, Ceremony Assist is considered Portion of the personal services sector also, within the photofinishing laboratories industry.