25.4k views
1 vote
Windspire is starting a firm in the small-scale wind-generated power industry. This industry is still so new that no standard operating procedures have been developed. Small-scale wind-generated power is an example of a(n) ________ industry.

User Nilhcem
by
4.0k points

1 Answer

3 votes

Answer:

Emerging

Step-by-step explanation:

An emerging industry is a group of companies that is created around a new product or idea that is still in the early stages of development. An emerging industry consists of just a small number companies and is often centered around new technology. A example is the small wind generated power industry because wind is not a common source that is used for the generation of power.

User Hriju
by
4.3k points