He bolstered the product sales team and set out soon after new consumers in finance, Health care, together with other industries.
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Insert to phrase checklist Add to term listing B2 [ U ] the companies and functions involved in the process of developing products on the market, especially in a manufacturing facility or Particular region:
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Primary industry tends to dominate the economies of undeveloped and producing nations, but as secondary and tertiary industries are produced, its share of your financial output tends to lower.
Industries is usually additional grouped into sectors, which can be a broader classification that features many industries. Businesses inside the same sector may possibly reply equally to some macroeconomic tendencies although not Other individuals.
These providers have comparable products and services, and will usually react in equivalent ways to macroeconomic trends. Because of this, their stock costs usually transfer up or down simultaneously.
All hefty industry agro-industry basic industry industry-led industry-extensive inter-industry mild industry See all meanings Idioms and website phrases a hive of action/industry idiom
Light-weight, or small-scale, industry may be characterised via the nondurability of manufactured goods along with a scaled-down funds investment in plants and products, and it could contain nonstandard products and solutions, for example tailored or craft do the job.
organization could possibly be an inclusive time period but particularly designates the routines of People engaged in the purchase or sale of commodities or in connected economical transactions.
Individual businesses are typically assigned to an industry primarily based on their greatest sources of earnings. For example, whilst an automobile company may have a financing division that contributes ten% to your organization’s overall revenues, the organization could well be labeled from the automaker industry by most classification methods instead of inside the economical providers industry.
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plural industries Britannica Dictionary definition of INDUSTRY one a [noncount] : the process of producing merchandise by utilizing machinery and factories He favors insurance policies that market industry