When a group of unique organizations work in a similar method and deliver comparable output, They might be grouped jointly and labeled as Section of the same industry.
[ C ] disapproving a thing that is generated or is offered in big quantities and helps make a lot of money:
Include to word list Include to phrase listing [ U ] the businesses and things to do linked to the creation of goods available, esp. inside a manufacturing facility:
These examples are from corpora and from sources online. Any viewpoints during the illustrations usually do not symbolize the viewpoint of the Cambridge Dictionary editors or of Cambridge College Press or its licensors.
Industries vs. Sectors Sectors and industries are classifications used to group similar forms of business operations. However, sectors are broader than industries.
Insert to word record Increase to phrase checklist B2 [ U ] the businesses and routines associated with the process of producing goods available for sale, especially in a factory or Exclusive area:
Investors and consultants said the dispute troubled them, Specially provided Murray’s position at the agency and in the fiscal industry General.
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An industry is actually a classification that refers more info to a gaggle of businesses. A business is definitely an entity that may be operated to realize particular small business objectives.
How Traders Use Industries Traders and economists frequently research industries to better comprehend the factors and constraints of company financial gain expansion. Buyers frequently compare companies working in the identical industry To guage their relative attractiveness being an investment.
Organizations within just an industry normally conduct in the same way due to macroeconomic situations that support or hurt all organizations with related purchaser bases or products and solutions.
These macroeconomic aspects is often changes in sector sentiment over the Element of buyers, like a response to a specific occasion or bit of information. They may also be adjustments involving the industry itself, like new regulations or increased Uncooked content expenses.
captain of industry cottage industry growth industry major industry inter-industry gentle industry multi-industry assistance industry sub-industry