Industry: component of Business
Industry is the main basis of business. Industry mean the process of converting raw material to finished goods to meet human needs. All activities like production, extraction,genetic, construction, manufacturing, etc are included in industrial activities from which capital as well as consumer goods are produces and make available.
According to the nature of production, industries can be classified into four categories as follow:-
-Extractive Industry
-Genetic Industry
-Manufacturing Industries
-Construction Industries
Industry is the main basis of business. Industry mean the process of converting raw material to finished goods to meet human needs. All activities like production, extraction,genetic, construction, manufacturing, etc are included in industrial activities from which capital as well as consumer goods are produces and make available.
According to the nature of production, industries can be classified into four categories as follow:-
-Extractive Industry
-Genetic Industry
-Manufacturing Industries
-Construction Industries
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