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When a set of specific companies run in an identical way and make comparable output, They might be grouped alongside one another and categorized as Element of precisely the same industry.

This wide sector, also called the company industry, involves industries that, though making no tangible items, present companies or intangible gains or generate prosperity. This sector normally consists of the two non-public and government enterprises.

Incorporate to word record Incorporate to term checklist [ U ] the businesses and functions involved with the creation of merchandise:

the mixture of labor, scholarship, and ancillary activity in a certain industry, normally named following its principal topic:

Industries vs. Sectors Sectors and industries are classifications accustomed to team identical varieties of enterprise functions. Nonetheless, sectors are broader than industries.

SMART Vocabulary: similar text and phrases Industry & industrial procedures additive producing biomanufacturing carding cleantech compression molding inter-industry just-in-time mild industry device carding manufacture prefabricated prefabrication good quality assurance quality Command reindustrialization synthetically unindustrialized vitrification vulcanization vulcanized See additional final results » You can also find associated text, phrases, and synonyms while in the subject areas:

Buyers and consultants stated the dispute troubled them, especially provided Murray’s status with the firm and during the economic industry In general.

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Specific Factors Shares Shares in the identical industry normally rise and slide as a group because the identical macroeconomic variables are more likely to affect all associates of an industry.

Rite Support Corp. and Hole Inc. are users of precisely the same consumer items sector, but each is mentioned in a distinct industry based on the products which they generate or provide.

[ C ] the persons and routines linked to 1 check here variety of company that makes merchandise or features companies:

We hope the government listens towards the concerns of industry and drops its options to introduce One more crippling tax on enterprise.

There are eight meanings detailed in OED's entry to the noun industry, two of which can be labelled out of date. See ‘That means & use’ for definitions, utilization, and quotation proof.

, 19 Aug. 2024 The Museum of Broadcast Communications has unveiled eight new Legends inductees into the Radio Corridor of Fame for 2024, honoring the abilities and do the job of on-air personalities, programmers and operators who definitely have manufactured considerable contributions to the radio industry