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TOPIC 1-THE INDUSTRY - Coggle Diagram
TOPIC 1-THE INDUSTRY
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DURABLE OR NON-DURABLE
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NON-DURABLE SECTOR PRODUCES GOODS THAT USUALLY DO NOT LAST VERY LONG,REQUIRE IMMEDIATE CONSUMPTION, AND ARE PERISHABLE
SECONDARY INDUSTRY
CONSTRUCTION-a high hazard industry that comprises a wide range of activities involving construction, alteration, and/or repair
MANUFACTURING-refers to industries which involve in the manufacturing and processing of items and indulge in either creation of new commodities or in value addition.
QUATERNARY INDUSTRY
FINANCE,INSURANCE,HEALTHCARE,ICT SERVICE :
KNOWLEDGE-BASED PART OF THE ECONOMY-WHICH TYPICALLY INCLUDES SERVICES SUCH AS INFORMATION TECHNOLOGY,INFORMATION-GENERATION AND SHARING,MEDIA,AND RESEARCH AND DEVELOPMENT,AS WELL AS KNOWLEDGE-BASED SERVICES LIKE CONSULTATION,EDUCATION ETC.
WHAT IS INDUSTRY?
ECONOMIC ACTIVITIES PERFORMED BY PEOPLE, AND ORGANIZATIONS IN PRODUCING GOODS AND SERVICES FOR SALE
ECONOMIC ACTIVITY
ACTIVITIES IN PRODUCING,DISTRIBUTING,OR CONSUMING PRODUCTS OR SERVICES WHICH INVOLVES MONEY OR THE EXCHANGE OF PRODUCTS OR SERVICES
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