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When a group of particular person enterprises run in an identical manner and produce comparable output, They could be grouped collectively and classified as Element of a similar industry.[ C ] disapproving something that is manufactured or is on the market in significant portions and makes lots of money:
Include to word checklist Insert to phrase checklist [ U ] the companies and things to do involved in the creation of products:
the combination of work, scholarship, and ancillary activity in a particular area, usually named right after its principal matter:
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Good Vocabulary: similar words and phrases Industry & industrial processes additive production biomanufacturing carding cleantech compression molding inter-industry just-in-time light industry device carding manufacture prefabricated prefabrication quality assurance good quality Command reindustrialization synthetically unindustrialized vitrification vulcanization vulcanized See extra results » You may also locate connected words, phrases, and synonyms within the topics:
On this analogy, yearly signifies 7 a long time With this industry — given that they are very powerful types.
The NAICS is reviewed and revised each individual five years, and the newest version of the procedure was launched in 2022. This up-to-date Variation of industry codes most effective displays company classifications, especially in industries which have gone through massive variations given that 2017.
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Licensee: Definition and kinds A licensee is a company, entity, or person which has legal authorization to carry out actions working with something that Yet another social gathering owns or controls.
[ C ] the persons and actions involved with one form of company that creates products or provides companies:
Industries could be even more grouped into sectors, which is a broader classification that features multiple industries. Enterprises inside the same sector may well answer likewise to some macroeconomic tendencies although not others.
There are actually 8 meanings listed in OED's entry to the noun industry, two of which happen to be labelled out check here of date. See ‘This means & use’ for definitions, use, and quotation evidence.
An extension of tertiary industry that is frequently regarded as its have sector, quaternary industry, is concerned with data-centered or information-oriented services and products. Such as tertiary sector, it comprises a combination of personal and government endeavours. Industries and routines With this sector involve info techniques and information technological innovation (IT); exploration and enhancement, together with technological improvement and scientific research; financial and strategic Assessment and consulting; media and communications technologies and providers; and training, such as educating and educational systems and expert services.