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The Industry - Coggle Diagram
The Industry
What Is Industry
An economic activities performed by people, and organizations in producing goods and services for sale.
Economic activity is the activities in producing, distributing, or consuming products or services which involve money or the exchange of products or services.
An industry is consists of a group of companies that are related based on their core business activities such as telecommunication, education, Media and entertainment, food etc.
Example of industries:
Telecommunication industry - TM, Maxis, Celcom
Education industry - UITM, UKM, Taylor College, UTP
Media and entertainment – Astro, TV3, RTM etc
Food industry – Nestle, Adabi, Gardenia, Restaurants, etc
Categories of Industries
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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.eg: Food
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