Question

Difference between Industry and Organization. No Google Please!​

Answer 1

Answer:

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• An organization is a group of people working together for a purpose.An industry is any part of the business of producing or making goods with hard work and great effort.
• Organisation and Industry are interrelated with each other.

• A company is any form of business whether it is small or large.
• Generally the term "company" indicates a particular kind of business dealing in a specific product.

• An organisation is the larger form and generally comprises of a number of companies. Simply, a company is an organization, but an organization is not just a company.

• An industry is the combination of companies in same line of business.

• Firm, corporation and business are synonyms of "company".

• An Agency is a particular kind of company, which serves as an intermediary between clients (other companies or individuals).

• A company is called a firm when it is a partnership of two or more persons. An organisation is an organized group of people with a particular purpose, such as a business or government department.
• Corporation is a large company or group of companies authorized to act as a single entity and recognized as such in law. An organisation can be a part of a corporation.

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Answer 2

Explanation:

DifferencebetweenIndustryandorganization−

An organization is a group of people working together for a purpose.An industry is any part of the business of producing or making goods with hard work and great effort.

Organisation and Industry are interrelated with each other.

A company is any form of business whether it is small or large.

Generally the term "company" indicates a particular kind of business dealing in a specific product.

An organisation is the larger form and generally comprises of a number of companies. Simply, a company is an organization, but an organization is not just a company.

An industry is the combination of companies in same line of business.

Firm, corporation and business are synonyms of "company".

An Agency is a particular kind of company, which serves as an intermediary between clients (other companies or individuals).

A company is called a firm when it is a partnership of two or more persons. An organisation is an organized group of people with a particular purpose, such as a business or government department.

Corporation is a large company or group of companies authorized to act as a single entity and recognized as such in law. An organisation can be a part of a corporation.

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