Business Studies, asked by dikshitjaat1, 9 months ago

what is industry? and important key feature
what is tatory industry and its function.​

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Answered by queensp73
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#industry. An industry is a group of manufacturers or businesses that produce a particular kind of goods or services. ... Industry comes from the Latin industria, which means "diligence, hard work," and the word is still used with that meaning.There are four types of industry. These are primary, secondary, tertiary and quaternary. Primary industry involves getting raw materials e.g. mining, farming and fishing.

#These features enable effective management of manufacturing processes, including production planning, scheduling, and inventory control. Traceability. ... Bin Management. ... Among the manufacturing execution capabilities available, these are key features to look for:Materials Requirement Planning.

#The tertiary industry is the segment of the economy that provides services to its consumers, including a wide range of businesses such as financial institutions, schools and restaurants. It is also known as the tertiary sector or service industry/sector.

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