2007-05-12 02:42:58 · 5 answers · asked by amardeep singh 1 in Business & Finance ➔ Advertising & Marketing ➔ Other - Advertising & Marketing
A company is one member of an industry.
An industry is typically categorized by one product or one type of product. An example is the Automobile Industry.
A company is standalone legal entity manufacturing a product or products. An example is Toyota Motor Corporation.
2007-05-12 02:50:38 · answer #1 · answered by 2007_Shelby_GT500 7 · 1⤊ 0⤋
A company is a single entity, whereas an industry is a blanket term used for businesses that make their money by doing a certain task. For example A&B Steel Mill would be a company, whereas the Steel industry would be all steel producers in the USA.
2007-05-12 09:51:53 · answer #2 · answered by ajfrederick9867 4 · 0⤊ 0⤋
A company is generally an independent entity, like an LLC or a S-Corp that exists to provide a service or product. An industry is generally a large group of companies or entities that produce the same product or service.
For example, the company of McDonald's is a part of the fast-food industry.
Industry can also refer to the "the segment of economy concerned with production of goods." The commercial segment would be concerned with production of services.
2007-05-12 09:56:14 · answer #3 · answered by jakers 2 · 0⤊ 0⤋
company is legal entity to do some thing -like business
industry. etc.
Industry consists of people or companies engaged in a particular kind of commercial enterprise
2007-05-12 09:59:00 · answer #4 · answered by younmanofthegarden 5 · 0⤊ 0⤋
Industry is usually where production / manufacturing takes place.
Company is where activities performed to earn profit.
All industries are companies, but all companies are not industries.*
2007-05-12 09:52:47 · answer #5 · answered by tdrajagopal 6 · 0⤊ 3⤋