When a group of person companies run in an analogous manner and generate similar output, They could be grouped together and classified as Portion of precisely the same industry.
All significant industry agro-industry primary industry industry-led industry-vast inter-industry light industry See all meanings Idioms and phrases a hive of action/industry idiom
Personal corporations are normally assigned to an industry based mostly on their premier sources of revenue. For example, whilst an car maker may need a financing division that contributes 10% into the business’s overall revenues, the company could well be categorised in the automaker industry by most classification techniques rather than from the monetary products and services industry.
small business may very well be an inclusive expression but precisely designates the activities of those engaged in the purchase or sale of commodities or in connected fiscal transactions.
These examples are programmatically compiled from various on line sources As an example current use in the term 'industry.' Any viewpoints expressed in the examples don't signify those of Merriam-Webster or its editors. Mail us feedback about these illustrations.
That is especially legitimate of just about anything to perform While using the defence industry, the plane industry and so on.
On this analogy, on a yearly basis represents seven a long time On this industry — mainly because they are extremely intense kinds.
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An industry is really a classification that refers to a gaggle of businesses. A company is really an entity that is definitely operated to accomplish particular enterprise plans.
His excellent abilities and untiring industry have been under the way of philanthropic and Christian impulses.
industry figures/knowledge/ordinary The auto maker spends $581 a lot more on distribution for each car or truck compared to the industry regular.
Light-weight, or small-scale, industry could be characterized from the nondurability of produced merchandise as well as a smaller sized funds expense in vegetation and products, and it might contain nonstandard merchandise, which include custom-made or craft perform.
the aggregate of click here manufacturing or technically productive enterprises in a specific discipline, normally named right after its principal products: