Business Studies, asked by rohitvajpayee237924, 6 months ago

define industries . exlain various types of industries giving example.​

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Answered by dchandra022
8

Answer:

An industry is a group of companies that are related based on their primary business activities. ... For example, while an automobile manufacturer might have a financing division that contributes 10% to the firm's overall revenues, the company would be classified in the automaker industry by most classification systems.

Various types of industries are: Primary- Industries which deal with obtaining or offering raw materials which are processed as commodities for the customers. Example: Farming, Fishing. Secondary- Industries which are essentially manufacturing or assembling industries. ... Example: Food manufacturing, Textile manufacturing.

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Answered by iTsMeMohiT
1

Answer:

yo

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