Is a group of companies producing a similar product or service

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asked Jul 10, 2018 179k views

2 Answers

Multicolaure · Answer 1 · 2018-07-12T14:11:45+0000

An industry is a group of companies that offer similar products or services.
Generally, groups of companies compete within a given industry, such as the mobile phone industry or automotive industry. Industry competitors include Toyota, Ford and Honda.

Rui Yang · Answer 2 · 2018-07-15T19:24:12+0000

INDUSTRY is a group of companies producing a similar product or services.
There are different types of industry depending on the kind of product they produce or the kind of service they offer. Examples are manufacturing industries, technological industry, engineering industry, construction industry, etc.

Is a group of companies producing a similar product or service

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