THE BASIC PRINCIPLES OF INDUSTRY

The Basic Principles Of industry

The Basic Principles Of industry

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c : a Section or department of the craft, art, organization, or manufacture Particularly : one that employs a considerable staff and capital especially in production d : systematic labor specifically for some useful reason or the creation of something of value

[ C ] disapproving a thing that is made or is on the market in big quantities and can make some huge cash:

organized financial action concerned with manufacture, extraction and processing of Uncooked materials, or design

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These examples are programmatically compiled from numerous on line sources to illustrate present-day utilization of the phrase 'industry.' Any opinions expressed while in the examples do not stand for All those of Merriam-Webster or its editors. Deliver us opinions about these examples.

That is particularly correct of anything to try and do with the defence industry, the plane industry and so forth.

These organizations have equivalent products and services, and will typically respond in equivalent ways to macroeconomic developments. For this reason, their inventory selling prices normally transfer up or down simultaneously.

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The airline industry objects that often these deployable recorders can come out without having cause, spreading Useless alarm.

[countable] the men and women and things to do involved in creating a read more particular point, or in delivering a certain service

The genetic industries consist of agriculture, forestry, and livestock management and fishing—all of which can be subject to scientific and technological improvement of renewable sources.

Industries could be additional grouped into sectors, which happens to be a broader classification that includes many industries. Companies in the exact sector may possibly answer in the same way to some macroeconomic developments but not Many others.

However, events associated with a single small business particularly could cause the linked stock to increase or fall individually from Other individuals within the exact same industry. This may be the results of gatherings such as a differentiating product release, a company scandal inside the information, or possibly a alter in leadership buildings.

the mixture of manufacturing or technically productive enterprises in a particular field, frequently named soon after its principal merchandise:

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