c : a Division or branch of the craft, artwork, enterprise, or manufacture Primarily : one that employs a substantial staff and cash specifically in production d : systematic labor specifically for some beneficial goal or even the creation of something of benefit
That is especially genuine of everything to try and do While using the defence industry, the aircraft industry and so on.
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The NAICS, developed by The us, copyright, and Mexico, could be the typical by which governing administration organizations classify enterprises when compiling statistical details. Within the NAICS hierarchy, businesses that use comparable production processes are classified in exactly the same industry.
the car/electronics/construction industry In the development industry, as in other industries, mechanization has had a major affect.
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Peace, also—or peace underneath the previous ailments of industry—is infinitely wasteful of human Vitality.
You can find eight meanings listed in OED's entry to the noun industry, two of which can be labelled out of date. See ‘Indicating & use’ for definitions, use, and quotation proof.
An industry is often a classification that refers to a gaggle of businesses. A business is definitely an entity which is operated to achieve specific business plans.
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Even so, occasions relevant to one particular enterprise particularly may cause the connected stock to increase or tumble individually from Other folks throughout the same industry. This can be the result of gatherings such as a differentiating solution release, a company scandal inside the information, or even a adjust in Management structures.
The airline industry objects that often these deployable recorders can come out with out trigger, spreading Useless alarm.
Rite Support Corp. and Gap Inc. are customers of exactly the same buyer merchandise sector, but Every is listed in a special industry according to beauty industry awards the products which they create or offer.
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The extractive industries involve the mining of mineral ores, the quarrying of stone, and the extraction of mineral fuels.