Business & Finance
The Difference Between

What is difference between industry and business?

Answer

Wiki User
05/24/2010

what is the difference between a business and an industry. I couldn't explain it clearly, but I could tell the general information about what is 'business' and 'industry''. Hope this would help.

- A business (also called a company, enterprise or firm) is a legally recognized organization designed to provide goods and/or services to consumers...

- Industry refers to to many companies in the same line of

business company is a business generally with a profit

motive and with shareholders often not involved in the

business either as employees or as clients.