Examples of an industry please.
2007-02-14 00:16:56 · 7 answers · asked by mygoober23 1 in Business & Finance ➔ Other - Business & Finance
as far as industry examples go....retail, hi-tech, and auto are examples? any others
2007-02-14 00:26:14 · update #1
Industry: Tobacco industry
Business: Marlboro
2007-02-14 00:19:40 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Industry is bigger and includes many businesses for example telecommunication, automobile, aviation, construction, entertainment, film, are all industries.
providing telephones, mobile cellular communication is a business done by a firm, within the telcom industry. there will be many firms doing similiar businesses competing with each other in an industry.
making cars, providing air travel, running an airline, constructing buildings,making films, holding shows are all businesses of these industries. In an industry there will be many types of businesses all inter connected to each other like repairs of cars, car insurance, car sale, car manufacturing , car licensing all interconnected but separte businesses within the same industry. Industry is a loose term given to businesses related to a similiar field.
2007-02-14 00:32:58 · answer #2 · answered by Anonymous · 0⤊ 0⤋
A business is a single entity, an industry is many businesses making the same product or performing the same services.
2007-02-14 03:42:06 · answer #3 · answered by elaeblue 7 · 0⤊ 0⤋
Business is a general term that includes commercial, financial and industrial activity. So sales of goods and services, banking and investing, and manufacturing all fall under the term business. Industry refers more specifcally to the production or manufacturing of goods.
2007-02-14 00:27:55 · answer #4 · answered by Carol P 5 · 0⤊ 0⤋
GM is a Business... GM, FORD and Chysler collectively forms the American Auto Industry.
2007-02-14 00:20:28 · answer #5 · answered by Laughing Man Copycat 5 · 0⤊ 0⤋
a industry is the sum of all its businesses and an industry is the sum of all its businesses.
2007-02-14 00:37:46 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Here you go!
Industry: http://en.wikipedia.org/wiki/Industry
Business: http://en.wikipedia.org/wiki/Business
2007-02-14 00:19:32 · answer #7 · answered by amandalee1976 4 · 1⤊ 0⤋