Industry is the best term to describe a group of firms all making similar products or similar services.
An industry is a collection of producers or groups that produce a particular sort of goods or services. Industries are wished for merchandise of daily use : we can see objects that we use normal inclusive of toothpaste, cleaning soap, bicycle, exercise books, pencils, medicines, cheese, and jams and so on.
Service intangible products which includes accounting, banking, cleaning, consultancy, education, coverage, knowledge, medical remedy. A service type is a class of associated services that proportion schemas. It defines the schema attributes which can be not unusual throughout a hard and fast of comparable managed sources. service types are profiles, or templates, that create services for unique instances of managed assets.
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