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c : a department or branch of the craft, art, small business, or manufacture Primarily : one which employs a large personnel and money specifically in production d : systematic labor specifically for some helpful intent or the generation of a thing of benefit

Firms in just an industry usually perform likewise because of macroeconomic ailments that aid or harm all corporations with comparable buyer bases or products.

Archaeology. an assemblage of artifacts considered to be unmistakably the get the job done of a single prehistoric group.

Licensee: Definition and Types A licensee is a business, entity, or particular person which includes authorized permission to perform activities utilizing a thing that An additional bash owns or controls.

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They are really so accustomed to treating their typical shoppers like next-class citizens that they don't even hassle to give you a clean up stocking cap to test about the Show wigs. I used to be fully appalled if the salesperson gave me a made use of stocking cap to test on the wig. This might ... browse more

[countable] the persons and actions involved with producing a specific thing, or read more in supplying a particular assistance

It’s essential to Be aware that one company can reside in two distinctive industries or two distinct sectors. As well as becoming inside of the consumer products sector, Ceremony Aid is considered part of the non-public products and services sector too, in the photofinishing laboratories industry.

This wide sector, also referred to as the provider industry, contains industries that, although developing no tangible products, deliver products and services or intangible gains or deliver wealth. This sector commonly includes both private and govt enterprises.

Gentle, or little-scale, industry may very well be characterized because of the nondurability of manufactured solutions as well as a lesser funds expenditure in crops and products, and it could contain nonstandard goods, for instance customized or craft perform.

Industry grouping relies on the primary products that a business tends to make or sells. Industries are even further grouped into sectors.

Personal organizations are typically assigned to an industry primarily based on their own biggest resources of earnings. For instance, while an auto producer might need a financing division that contributes ten% on the firm’s Over-all revenues, the corporate could be categorized in the automaker industry by most classification devices rather than from the economic solutions industry.

These examples are from corpora and from sources on the net. Any opinions while in the illustrations don't stand for the view of your Cambridge Dictionary editors or of Cambridge University Press or its licensors.

We hope the government listens to the concerns of industry and drops its plans to introduce A further crippling tax on business enterprise.