Being familiar with an Industry Very similar businesses are grouped into industries based upon the first company routines or the principal item they create or offer. This results in industry teams, which can then be utilized to independent organizations from those that get involved in distinctive routines.
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Incorporate to term list Incorporate to word listing B2 [ U ] the businesses and actions involved with the process of making merchandise on the market, particularly in a manufacturing unit or Specific area:
the vehicle/electronics/construction industry In the construction industry, as in other industries, mechanization has had An important affect.
, 19 Aug. 2024 The Museum of Broadcast Communications has unveiled eight new Legends inductees to the Radio Hall of Fame for 2024, honoring the talents and perform of on-air personalities, programmers and operators who definitely have produced considerable contributions on the radio industry
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There are actually 8 meanings outlined in OED's entry for your noun industry, two of which might be labelled out of date. See ‘That means & use’ for definitions, utilization, and quotation evidence.
Shares of organizations functioning inside the same industry are inclined to have very similar inventory cost actions. This is because firms within a presented industry encounter the same headwinds, issues, and wide triumphs.
SMART Vocabulary: related words and phrases Industry & industrial procedures additive production biomanufacturing carding cleantech compression molding inter-industry just-in-time light industry equipment carding manufacture prefabricated prefabrication top quality assurance high-quality Command reindustrialization synthetically unindustrialized vitrification vulcanization vulcanized See a lot more effects » You can also locate relevant words and phrases, phrases, and synonyms in the subject areas:
This sector of a country’s overall economy features agriculture, forestry, fishing, mining, quarrying, as well as extraction of minerals. It might be divided into two categories: genetic industry, such as the production of Uncooked resources more info That could be increased by human intervention during the creation procedure; and extractive industry, such as the production of exhaustible raw materials that can't be augmented through cultivation.
enterprise can be an inclusive expression but precisely designates the things to do of those engaged in the acquisition or sale of commodities or in similar financial transactions.
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plural industries Britannica Dictionary definition of INDUSTRY 1 a [noncount] : the whole process of producing items by using equipment and factories He favors guidelines that encourage industry