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Such services include accounting, tradesmanship (like mechanic or plumber services), computer services, restaurants, tourism, etc. Hence, a service Industry is one where no goods are produced whereas primary industries are those that extract minerals, oil etc. from the ground and secondary industries are those that manufacture products ...
Service industries are those not directly concerned with the production of physical goods (such as agriculture and manufacturing).Some service industries, including transportation, wholesale trade and retail trade are part of the supply chain delivering goods produced in the agricultural and manufacturing sectors to final consumers.
No. Company Industry Revenue (in billion US$) Headquarters 1: Volkswagen Group: Automotive: 282.7 Germany 2: Toyota Group: Engineering, various: 265.172* Japan 3: Apple
Services constitute over 50% of GDP in low income countries and as their economies continue to develop, the importance of services in the economy continues to grow. [2] The service economy is also key to growth, for instance it accounted for 47% of economic growth in sub-Saharan Africa over the period 2000–2005 (industry contributed 37% and agriculture 16% in the same period). [2]
It is sometimes hard to determine whether a given company is part of the secondary or the tertiary sector. It is not only companies that have been classified as part of a sector in some schemes, since governments and their services (such as the police or military), as well as nonprofit organizations (such as charities or research associations), can also be seen as part of that sector.
Industrial action; Industrial Age; Industrial and organizational psychology; Industrial and production engineering; Industrial applicability; Industrial archaeology; Industrial coating; Industrial control system; Industrial data processing; Industrial deconcentration; Industrial democracy; Industrial design; Industrial design right; Industrial ...
In macroeconomics, an industry is a branch of an economy that produces a closely related set of raw materials, goods, or services. [2] For example, one might refer to the wood industry or to the insurance industry.
In a post-industrial economy, service firms provide most of the GDP and employment. As a result, management of service operations within these service firms is essential for the economy. [3] The services sector treats services as intangible products, service as a customer experience and service