When a group of unique businesses run in the same way and deliver identical output, They could be grouped alongside one another and labeled as Portion of exactly the same industry.

This wide sector, also called the support industry, incorporates industries that, although manufacturing no tangible goods, give solutions or intangible gains or create wealth. This sector normally features both non-public and government enterprises.

structured financial activity concerned with manufacture, extraction and processing of raw supplies, or building

, and we just make use of the parts in order to get people inside the door. From NPR This should not genuinely appear to be a shock towards the industry

These illustrations are programmatically compiled from a variety of on the net resources As an instance latest usage from the phrase 'industry.' Any opinions expressed in the examples do not stand for People of Merriam-Webster or its editors. Ship us comments about these illustrations.

That is particularly correct of everything to carry out While using the defence industry, the aircraft industry and so forth.

Within this analogy, each and every year signifies seven years In this particular industry — simply because they are really powerful ones.

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Distinctive Considerations Shares Stocks within the exact same industry usually increase and fall as a group since the identical macroeconomic factors are likely to impact all associates of an industry.

Licensee: Definition and Types A licensee is a company, entity, or personal which includes authorized permission to perform routines using something which another occasion owns or controls.

His remarkable skills and untiring industry ended up beneath the direction of philanthropic and Christian impulses.

Industries could be further more grouped into sectors, which is a broader classification that includes several industries. Businesses inside the identical sector might reply likewise to some macroeconomic trends but not Other folks.

Nevertheless, functions relevant to a person business enterprise in particular may cause the related inventory to rise or slide separately from Some others throughout the very same industry. This may be the result of activities like a differentiating product or service launch, a corporate scandal while in the news, or possibly a alter in leadership buildings.

captain of industry cottage industry development industry hefty industry inter-industry light-weight industry multi-industry provider industry sub-industry