Business Studies, asked by kp2sep2004, 5 months ago

give three examples each for 1-analytical industry 2-synthetical industry 3-assembling industry

Answers

Answered by khushidewangan019
6

Explanation:

INDUSTRY AND ITS TYPE:

Industry: production of goods for sale by the application of human or mechanical power is called industry. In other words, the term industry refers to the productive aspect of business.

Classification of industries, on the basis of types of goods produced, is as follow.

On the basis of nature and types of goods produced and services provided, industry may be classified as: (1) Extractive (2) Genetic (3) manufacturing (4) Constructive and (5) Services Industry.

Genetic Industry: The word ‘genetic’ means parentage or hereditary. Genetic industries are concerned mainly with producing - breeding or multiplying of certain species of plants or animals with the object of earning profits from their sale. Examples of these types are nurseries, forestry, cattle breeding and commercial kennels. Animal husbandry is one type of Genetic Industry.

Extractive Industry: These industries are concerned with the extraction of materials from the earth, sea and air. It includes raising and collection of the natural products of the soil for the subsistence of human beings, such as mining, fishing and hunting, etc. In most of the cases, extractive industries are just directed to change the location of the commodities and making things more useful to mankind.

Manufacturing Industry: They are concerned with the converting of the form of the raw materials and semi-manufactured goods into finished products. The process of manufacturing things changes the form of the articles extracted form earth, sea and air, and makes it more useful to the consumer by adding new utilities to it. Textile, Engineering, and Steel may be mentioned as a few examples of the manufacturing industries.

Manufacturing industries may be subdivided into (1) analytical industry (2) processing industry (3) synthetical industry and (4) assembling industry.

(a) Analytical industry: In analytical industry, the raw material is broken down into several useful materials. For example, an oil refinery separates crude oil into kerosene, gasoline, diesel oil, and petrol, etc.

(b) Synthetical industry: These industries put together two or more materials to form a new product such as plastics, concrete, gypsum and coals are mixed up to produce cement.

(c) Processing industry: These industries are concerned with the processing of raw-materials through different stages of production. Textiles, steel, etc. may be mentioned as examples of processing industry.

(d) Assembling industry: These industries are engaged in bringing together various components or parts of bicycles, television, radio and these are some examples of assembling industries.

Construction Industry: Construction industry is also an important industry. Construction of bridge, building, road, tunnel, over-bridge, fly-over, factory building, etc. come under construction industry.

Service Industry: The industry, which earns profit by giving service, is known as service industry. Institutions like clinic, private hospital, banking, hotel, etc. are examples of service industry

Answered by sunitakumarijsr4
0

Examples

Analytical industry- crude oil is the raw material seperated into petrol diesal etc

Synthetical industry-Cement Lime(clay +mortar)

Assembling industry - Automobile industry

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