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Essence of industry. Business; Cottage Industry; Heavy industry; Light industry; Manufacturing; In some cases, industries can be harmful, such as those where harmful waste chemicals are dumped in bodies of water, or even those where pesticides and similar inadvertently leak into water sources.
Industry classification or industry taxonomy is a type of economic taxonomy that classifies companies, organizations and traders into industrial groupings based on similar production processes, similar products, or similar behavior in financial markets. National and international statistical agencies use various industry-classification schemes ...
The Global Industry Classification Standard ( GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries [1] into which S&P has categorized all major public companies.
The chemical industry comprises the companies and other organizations that develop and produce industrial, specialty and other chemicals. Central to the modern world economy, it converts raw materials ( oil, natural gas, air, water, metals, and minerals) into commodity chemicals for industrial and consumer products.
An example given is that discrete manufacturing follows an "A" type process and process manufacturing follows a “V” type process. In the production cycle, a work order or process order is issued to make the product in bulk. Separate pack orders are issued to signify how the bulk material is to be containerized and shipped to the customer.
Aerospace engineering, airplanes, helicopters, drones and spacecraft. Marine engineering, boats, ships, oil rigs and other marine vessels or structures, oceanographic engineering. Railway engineering dealing with the design, construction, and operation of all types of rail transport systems. Power plant engineering.
Certain chemical process yield important basic materials for society, e.g., (cement, steel, aluminum, and fertilizer).However, these chemical reactions contribute to climate change by emitting carbon dioxide, a greenhouse gas, through chemical reactions, as well as through the combustion of fossil fuels to generate the high temperatures needed to reach the activation energies of the chemical ...
v. t. e. A conglomerate ( / kəŋˈɡlɒmərət /) is a type of multi-industry company that consists of several different and unrelated business entities that operate in various industries under one corporate group. [1] A conglomerate usually has a parent company that owns and controls many subsidiaries, which are legally independent but ...