What is the difference between a "market" and an "industry"?

1 Answer

Answer :

Industry is the function of creating something. Market is the function of buying or selling the product of industry

Related questions

Description : With the introduction of Photostat Machine in the market, the carbon paper industry was adversely affected. Which component of environment was responsible for it? a. Economic b. Political c. Technical d. All the above

Last Answer : c. Technical

Description : What is a good source of Domain / Industry overviews?

Last Answer : answer:If you want to be systematic about it and create a reference base for yourself, you might want to approach it by SIC codes. OSHA Search Engine SIC codes are useful; I believe the SEC’s EDGAR system links to SIC codes as well.

Description : Where can I find good statistics, authorities to support my Pro auto industry bail out argument essay?

Last Answer : You could try searching political websites (like CNN, Fox, Politico, NBC, etc).. In their articles about the auto industry they often have statistics. They will probably have numbers on how many people are ... on the issue, or a good enough reporter to leave their bias at the door). Good luck.

Description : Where can I get jewelry industry research (for free)?

Last Answer : Try your local librarian. Really. He or she should be able to help you with this.

Description : From the point of view of international business, an organization that enjoys competitive advantage in an industry has done so by: A. Focusing on long-term profit. B. Charging lower prices than competition. C. Creating superior value for customers. D. Constantly enlarging its marketing activities.

Last Answer : Creating superior value for customers.

Description : In privatization SIP refers to _______. A. Share issue privatization. B. Shares in privatization. C. Share industry privatization.

Last Answer : B. Shares in privatization.

Description : Porter s model represents the relationship between _______. A. organizational and environment. B. society and environment. C. organization and society. D. society and industry.

Last Answer : A. organizational and environment.

Description : What’s a great item to sell at a market night?

Last Answer : Candles, and you could have lots of candles lit to light up your table.

Description : Researching a specific market category?

Last Answer : There are a lot of financial resources outlining participants in different industries. Find the companies you wish to investigate, then start looking at their financial reports. Check for analyst coverage of the ... the company itself to see if it will be a leader or a laggard in the industry.

Description : Can you guys help me find a market for an idea I have?

Last Answer : Car dealerships, financing dept.

Description : Are stock market & financial institutions 'evil'?

Last Answer : Not in themselves but love of money is the root of all evil. People who run large companies and financial institutions are there to make money and they don’t examine very closely the effects of their actions on the world.

Description : Starting to design and market T-Shirts?

Last Answer : answer:This shop on Etsy has the highest number of listings. That’s how I found it. They sell t-shirts and have over 9000 sales. I have no idea how they do that. Could you do both Threadless and Zazzle at first and see which one works better for you?

Description : Is investing in the stock market lawful for F1- International Students in the U.S.?

Last Answer : I don’t see why not. Most banks or brokers you set up with will ask your citizenship status, but I don’t think it makes a difference as to whether or not you can buy stock. Just call the broker you plan on using and ask.

Description : I want to get started on the stock market, What do I do?

Last Answer : answer:You can put some money with a company like Fidelity. Their webiste has information on stocks, if you want to do research on the stocks you are interested in. You can type in the ... can buy energy funds, health care funds, international funds, etc. Here is their website www.fidelity.com

Description : Best books/material for learning how to Network and Market?

Last Answer : I don’t know any books, but a great website to find business like minded people online is LinkedIn. Its like a “facebook” for business people, Millions of people use it.

Description : What are the best qualifications, degrees, certifications or skills, etc. in the business field that one should obtain so as to be competitive when the job market rebounds?

Last Answer : It has been my understanding in the past that one is usually expected to work in the business field for a few years before going for an MBA. I don't know if that is changing with ... based programming and networking will be in demand but you have to decide where your aptitudes and interests lie.

Description : Can anyone explain to me how to be part of the stock market?

Last Answer : There is no way that you should consider buying stock if your understanding of the market is such that you look for advice here. There are many books and courses available that explain ... very volatile and unpredictable market now where even the world's best traders are declaring trading losses.

Description : How do I get my invention to market?

Last Answer : answer:This is a tough one - you must get it patented first. Under no circumstance would it be wise to push to market without the patent pending. (Ok, that may be a little over the top, but ... (finding existing patents, patents that your invention is based off of, etc). Hope this helps a bit

Description : How can I get my own furniture designs to market?

Last Answer : Maybe take it to a furniture store and see if they like the design, if so they will most likely have it made. Then they would probably distribute it, and split the money with you.

Description : If a public company has a $15 million market cap, does that mean they have $15 million dollars to spend/invest?

Last Answer : answer:The answer is no. Here is the definition: Definition of: market cap (market CAPitalization) The sum derived from the current stock price per share times the total number of shares outstanding. ... a low market cap if its products and reputation have not caught the fancy of the masses.

Description : Why did the stock market just crash?

Last Answer : answer:Well, I'll answer your second question: The general speculation on the lack of an increase in Wall Street suicides has a serious answer and a non-serious answer. Non-serious: They threw themselves ... we already had notions of them as sleazy, they're just living up to those notions now.

Description : Governmental regulations can affect the viability & ----------- of a company using the internet as a foreign market entry mode. A. effectiveness B. association C. performance D. None of the above

Last Answer : effectiveness

Description : Primary market is associated with ……………………. Issues. a. Old b. New c. Old and New d. Very Old

Last Answer : b. New

Description : The entry of the multinational companies in large numbers in the Indian market has created ……………………. . a. Huge Demand b. Huge Supply c. Tough Competition d. Huge Demand and Supply

Last Answer : c. Tough Competition

Description : A purchase manager of a company has to purchase 500 tones of raw material. Apart from the other suppliers in the market, his son also supplies that raw material. The manager purchases the ... Unity of Command b. Unity of Directions c. Subordination personal interest to general interest d. Equity

Last Answer : c. Subordination personal interest to general interest

Description : Why the concept of ‘Innovation’ is required in the business? a. To get first mover advantage b. Utmost Consumer Satisfaction c. To acquire larger market share d. All of the above

Last Answer : d. All of the above

Description : The law concerning bailment provides for certain rights and duties of both bailor and bailee, depending on the: a) Amount of transaction b) Nature of business c) Kind of bailment d) Competency in the market

Last Answer : c) Kind of bailment

Description : The goods and the services produced, priced and distributed by the government is ___. A. Market economy. B. Secular economy. C. Command economy. D. Mixed economy.

Last Answer : C. Command economy.

Description : The European Union is an example of ______. A. monetary union. B. free trade area. C. common market. D. economic union.

Last Answer : D. economic union.

Description : ________is the business through which new ideas and innovations are given a sharp and are converted into useful products and services . A. Market Leadership. B. Challenge. C. Joy of Creation. D. Growth.

Last Answer : C. Joy of Creation.

Description : What's the difference between insider trading and a hot stock tip?

Last Answer : Yup, if you use “confidential information” to trade stock it is insider trading. If they don’t have “confidential information” it is not! It would be called a hot stock tip if you just like the relative.

Description : What would be the difference if I pay my Netflix monthly fee with Paypal instead of my Visa debit card directly?

Last Answer : One thing I learned. If you use your Visa/Debit and the funds aren’t available then the charge will just be declined (unless you have overdraft protection) but with PayPal, they will keep trying to make the charge go through and will assign NSF fees in addition to any your bank does.

Description : What is the difference between helping a Moms and Pops store versus a large corporation?

Last Answer : answer:Small local businesses cater to their local customers, hire local people, and the profits and wages are invested into the local economy. Corporate businesses take profits away from the local ... carry a morality factor.) Hiring more people is usually considered better for the economy overall.

Description : In your own words, what are the difference between Mutal funds, bonds, and stocks?

Last Answer : Mutual funds are a collection of stocks managed by a company that charges fees. They allow you to diversify your portfolio when you don't have a lot of money, but their fees tend to be ... are ownership in a particular company for example, you can buy 100 shares of interest in General Electric.

Description : What is the difference between a CEO, COO, and CFO?

Last Answer : answer:Hi occ! I am guessing you want to know what it is they typically do. First, let's get the terms down. CEO is the Chief Executive Officer. Their responsibilities ... Exchange Commission). CTO is the Chief Technology Officer. Responsible for developing and implementing technology strategy.

Description : What's the difference between working freelance and working as an employee?

Last Answer : answer:If you're in the UK, you'll want to speak to an accountant. You will have to pay both income tax and file for NI. You will also be required to submit your own tax return every ... similar in the US if anyone knows? Being a freelancer means much more paperwork than just being an employee.

Description : Consider the following statement: (1) There is no difference between the English Law and Indian Law with regard to acceptance through post. (2) Both Under the English Law and the Indian Law a contract is concluded when the ... statement is/are correct? (a)1 and 2 (b) 2 alone (c) 3 alone (d) None

Last Answer : (c) 3 alone

Description : Culture spreads from one place to anther and such transmission is called as ________. A. difference. B. reputation. C. adoption. D. heritage.

Last Answer : A. difference.

Description : What are the major challenges facing the automotive vehicle manufacturers and product industry with the introduction of electric vehicles into the consumer market?

Last Answer : answer:It's creative destruction, as applied by Schumpeter. The automotive industry is huge. There are thousands of companies the average consumer knows nothing about, but that play a vital ... the overall effect would be positive. Innovation is good, particularly if it benefits the environment.

Description : You are a market analyst specializing in the oil industry and have been asked to forecast the likely price of oil in 2012.

Last Answer : world wide demand will increase as the US economy is in full rebound, EU strengthens, and China and India continue to grow. Crude will rise from its current $84 – $85 range to $120 per barrel.

Description : What world market generates the most revenue in the video game industry? -Gaming

Last Answer : The biggest video game markets As of 2020, it is estimated that China ranks first among the biggest gaming markets worldwide, with a revenue of 40.85 billion U.S. dollars. The video gaming ... the United States ranked second, generating an approximate 36.92 billion U.S. dollars in annual revenues.

Description : The media industry is characterized by an oligopolistic market structure because?

Last Answer : centralization of ownership

Description : If an industry is characterized by economies of scale then - (1) barriers to entry are not very large (2) long run unit costs of production decreases as the quantity the firm produces increases (3) ... of the large scale operation (4) the costs of entry into the market are likely to be substantial

Last Answer : (2) long run unit costs of production decreases as the quantity the firm produces increases Explanation: In microeconomics, economies of scale are the cost advantages that an enterprise obtains due to expansion ... in unit cost as the size of a facility and the usage levels of other inputs increase.

Description : The definition of 'small-scale industry' in India is based on - (1) sales by the unit (2) Investment In machines and equipments (3) market coverage (4) export capacity

Last Answer : (2) Investment In machines and equipments Explanation: Generally, small-scale sector is defined in terms of investment ceilings on the original value of the installed plant and machinery. As per ... -scale and large-scale industries. This limit is being continuously raised up wards by government.

Description : Open Market Operations refer to (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilization

Last Answer : (3) Purchase and sale of Government securities by RBI Explanation: Open Market Operation (OMO) refers to the buying and selling of government securities in the open market in order to expand or ... in the banking system. A central bank uses OMO as the primary means of implementing monetary policy.

Description : Truck gardening means vegetable production for: a. Distant places b. Industry c. Local market d. None of these

Last Answer : Distant places

Description : Relevant industry conditions include the following, except: a. The market and competition, including demand, capacity and price competition. b. Regulatory framework for a regulated industry. c. Cyclical or seasonal activity. d. Product technology relating to the entity's products

Last Answer : Regulatory framework for a regulated industry

Description : PSA 315 requires that the auditor should obtain an understanding of relevant industry, regulatory and other external factors including the applicable financial reporting framework. Which of the ... Inflation and currency revaluation c. Market and competition d. Cyclical or seasonal activity

Last Answer : Inflation and currency revaluation

Description : What are the four industry globalizing drivers? a) Market drivers, cost drivers, government drivers, and localization drivers b) Market drivers, cost drivers, government drivers, and ... drivers, bargaining drivers d) Market drivers, cost drivers, competitive drivers, regionalization drivers

Last Answer : Market drivers, cost drivers, government drivers, and competitive drivers

Description : In GE 9 cell matrix, what is the label of the horizontal axis? a. Relative Market share b. Industry Attractiveness c. Industry Growth Rate d. Market Growth Rate

Last Answer : Industry Attractiveness