When a collection of unique corporations run in an identical manner and generate similar output, They might be grouped with each other and categorised as Element of the identical industry.

[ C ] disapproving something which is produced or is accessible in big quantities and would make a lot of money:

Insert to word listing Add to word checklist [ U ] the companies and pursuits involved with the manufacture of products available, esp. in a factory:

Justice’s companies have compensated a huge selection of 1000s of dollars in fines for those violations, that are fairly common and noticed like a cost of performing small business during the coal industry.

Comprehending an Industry Very similar corporations are grouped into industries depending on the main company routines or the first products which they develop or provide. This produces industry groups, which can then be used to individual firms from people who participate in various actions.

, which revenue by promoting options towards the Ill. From Huffington Submit Driving these marriages would be the industry's possess problems. From CBS Information To point out it merely, the science is in, plus the science claims the industry

Investors and consultants said the dispute troubled them, especially given Murray’s standing on the company and in the economical industry Over-all.

The NAICS is reviewed and revised each and every five years, and the most recent edition on the process was unveiled in 2022. This up-to-date Model of industry codes finest displays firm classifications, particularly in industries that have been through significant changes since 2017.

The airline industry objects that often these deployable recorders can come out with out result in, spreading Pointless alarm.

Licensee: Definition and Types A licensee is a company, entity, or unique which includes authorized permission to perform things to do applying something which One more social gathering owns or controls.

His remarkable skills and untiring industry have been under the direction of philanthropic and Christian impulses.

Organizations within just an industry often carry out similarly on account of macroeconomic ailments that aid or harm read more all corporations with very similar shopper bases or products and solutions.

You can find 8 meanings detailed in OED's entry for your noun industry, two of which can be labelled out of date. See ‘That means & use’ for definitions, usage, and quotation evidence.

the mixture of producing or technically productive enterprises in a selected discipline, frequently named after its principal product or service: