Difference between revisions of "Industry"
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| − | An '''industry''' is a specific type of business, such as [[manufacturing]] a particular [[good]] | + | An '''industry''' is a specific type of business, such as the [[manufacturing]] of a particular [[good]] such as [[automobiles]] or providing a particular [[service]] such as health care. An industry is characterized by a common set of goals, processes, regulations and challenges across the businesses that comprise the '''industry'''. |
[[category:business]] | [[category:business]] | ||
[[category:economics]] | [[category:economics]] | ||
Revision as of 06:26, January 16, 2010
An industry is a specific type of business, such as the manufacturing of a particular good such as automobiles or providing a particular service such as health care. An industry is characterized by a common set of goals, processes, regulations and challenges across the businesses that comprise the industry.