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Is it possible for a business to operate in more than one sector?
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What is the challenges in global business environment?
Some challenges facing businesses that operate globally include fierce competition. The more nations a business operates in, the more competitors the business gains.
What is an industry sector?
The terms industry and sector are often used interchangeably to describe a group of companies that operate in the same segment of the economy or share a similar business type. Although the terms are commonly used interchangeably, they do, in fact, have slightly different meanings. This difference pertains to their scope; a sector refers to a large segment of the economy, while the term industry describes a much more specific group of companies or businesses. A sector is one of a few general segments in the economy within which a large group of companies can be categorized. An economy can be broken down into about a dozen sectors, which can describe nearly all of the business activity in that economy. For example, the basic materials sector is the segment of the economy in which companies deal in the business of exploration, processing and selling the basic materials such as gold, silver or aluminum which are used by other sectors of the economy. An industry, on the other hand, describes a much more specific grouping of companies with highly similar business activities. Essentially, industries are created by further breaking down sectors into more defined groupings. Each of the dozen or so sectors will have a varying number of industries, but it can be in the hundreds. For example, the financial sector can be broken down into industries such as asset management, life insurance and Northwest regional banks. The Northwest regional bank industry, which is part of the financial sector, will only contain companies that operate banks in the Northwestern states. When breaking down the economy, the first groups are sectors which describe a general economic activity. Then all of the companies that fall into that sector are categorized further into industries where they are grouped only with companies with which they share very similar business activities. This is not the end, however. Industries can be further sub-categorized into various, more specific groupings. It should be noted that you may find situations in which these two terms are reversed. However, the general idea remains: one breaks the economy down into a few general segments while the other further categorizes those into more specific business activities. In the stock market the generally accepted terminology cites a sector as a broad classification and an industry as a more specific one
Is Real Estate a lucrative investment option?
Yes, Because real estate sector is one of the sector which has always high percentage of capital gain for the investors. In the case of the developed countries or developing nations, each and every economy tries to maintain its financial infrastructure as sound as possible so that they can easily attract more number of investors and business personnel to involve with their economy. Real estate sector depicts the true economic development of a particular nation. baja247.com
What is the contribution of the insurance sector in the Indian economy?
There has been a great contribution of insurance sector in Indian economy. This has created more jobs and people are taking greater risks in investing and expanding business due to their insurance covers which has boosted the economy.
Can international business operate more easily in a fixed exchange rate system or in a flexible exchange-rate syatem?
An international business will operate more easily in a fixed exchange rate system. Knowing what the equivalency of goods will allow for predetermined forecasting, however, a fixed rate decreases the opportunity for profits.
What is the duties of a manager?
the duty of a manager is to operate the business well, make the business to improve more. ??
Does car2go have any competitors?
There's a company called Zip Car that has a similar business model. They operate in more cities than car2go. I don't know about other possible companies.
What is the challenges in global business environment?
Some challenges facing businesses that operate globally include fierce competition. The more nations a business operates in, the more competitors the business gains.
What is the differences between private and public owned business?
private business is the business, where more than 50% shares are held by private persons or parties, and ownership remains in the hands of private persons. public business is the business where more than 50% shares are held by govt whether central or state, and ownership remains in the hands of govt. authourity
What are the importance of business correspondence?
The importance of business correspondence is that it facilitates communication in the business sector. This may be between suppliers and consumers, suppliers and manufacturers, suppliers and financial institutions and so many more.
Scope of tourism?
tourism scope have more and more in future each sectors like wise ecofriendly, heritage and government sector. you can start our own business in this sector and u have more knowlege of language than u r more successful in this field. anand maurya
The impact of computerization to business performance?
Computers help business operate smoothly. The more systems they have, the easier it is for employees to communicate with others throughout the organization.
describe how being businessman is such more important than being farmer?
Agriculture is a business. And the more we treat it as a business, as a way to create wealth, the more it will promote development and improve people's lives to boot. One way to treat agriculture like a business is to get the private sector more involved in it
I need to know more about a dedicated server.?
With the dedicated server you are going to be able to operate your business faster and more efficiently. Contact your local server provider for more details and to see how they can help you and your business directly.
Should a multinational corporation operate as a tightly integrated worldwide business or would it be more effective to let each national subsidary operate autonomously?
We have the same question dmu student.where are you??
Is public sector is more lawful than private sector?
Let's put it this way, the public sector is under WAY more scrutiny than the private sector is.
What is an sector?
The terms industry and sector are often used interchangeably to describe a group of companies that operate in the same segment of the economy or share a similar business type. Although the terms are commonly used interchangeably, they do, in fact, have slightly different meanings. This difference pertains to their scope; a sector refers to a large segment of the economy, while the term industry describes a much more specific group of companies or businesses. A sector is one of a few general segments in the economy within which a large group of companies can be categorized. An economy can be broken down into about a dozen sectors, which can describe nearly all of the business activity in that economy. For example, the basic materials sector is the segment of the economy in which companies deal in the business of exploration, processing and selling the basic materials such as gold, silver or aluminum which are used by other sectors of the economy. An industry, on the other hand, describes a much more specific grouping of companies with highly similar business activities. Essentially, industries are created by further breaking down sectors into more defined groupings. Each of the dozen or so sectors will have a varying number of industries, but it can be in the hundreds. For example, the financial sector can be broken down into industries such as asset management, life insurance and Northwest regional banks. The Northwest regional bank industry, which is part of the financial sector, will only contain companies that operate banks in the Northwestern states. When breaking down the economy, the first groups are sectors which describe a general economic activity. Then all of the companies that fall into that sector are categorized further into industries where they are grouped only with companies with which they share very similar business activities. This is not the end, however. Industries can be further sub-categorized into various, more specific groupings. It should be noted that you may find situations in which these two terms are reversed. However, the general idea remains: one breaks the economy down into a few general segments while the other further categorizes those into more specific business activities. In the Stock Market the generally accepted terminology cites a sector as a broad classification and an industry as a more specific one
