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Google's business model is the most similar to that used by companies in which industry?
Wiki User
∙ 14y ago
Media.
Wiki User
∙ 14y ago
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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
What is Industry Aggregation?
Industry Aggregation is a new business model for American industry based on collaboration between companies serving the same basic market. It can best be understood by comparing it to the "Keiretsu" business model which fueled the Japanese "Economic Miracle" of the post World War II era. In the keiretsu model large industrials trading on the Tokyo Stock Exchange would have interlocking ownership and partner with a bank which would supply credit to the entire group. The companies were thus able to achieve tremendous benefits through joint cost-sharing activities as well as increases in revenues through cross-marketing. The American Industry Aggregation model is similar but designed from the ground up for small to mid-sized private companies which then enjoy the same basic set of benefits as the Keiretsu members. In the Industry Aggregation model a public company serves as the group's banker. For more info: http://www.tycoonplaybook.com
What is a result of competition in business?
Usually lower prices for the consumer. If two companies are selling similar products - they sometimes get involved in a 'price war' - so they are more attractive to prospective customers.
What is horizontal and covers similar types of firms and operating practices of the firms?
industry analysis
What is corporate culture of nestle?
The corporate culture of nestle is to succeed at competing with similar companies.
What is the difference between company and industry?
The term industry is used to refer to a group of companies who make similar products. The auto INDUSTRY has many COMPANIES like Ford, GM, Toyota, Honda, BMW, etc etc.
The Google's business model is most similar to the model followed by which other industry?
media
The Google business model is most similar to the model followed by which other industry?
media
What is the Qualitative characteristic being employed when companies in the same industry are using the same account principles?
Comparability - Information that is measured and reported in a similar manner for difference companies
Where can business continuity tools be found?
Business continuity tools can be found on the All Stream website. There are other companies who can also provide these tools for one's business similar in nature.
Difference between firm and industry?
a firm is a business unit that operates under a single management. while industry is a group of firm that produce similar products for the same market.
What email marketing companies to exist in the UK?
There are many email marketing companies that exist in the UK. Some of these are New Zapp, Adestra, Mast business and 247 email data. There are many other similar companies.
Company and industry?
Company is an individual entity. it can take many form like partisanship, public limited, private limited..... Industry is a part of an economy sector including manufacture or service provider. All similar companies all together are called industry.
What opportunities exist for job enrichment in accounting?
In my opinion again that would be the similar areas of this qualification and industry which is business so a bachelor in business, managment - logistics government ect There are many which could be achieved with the formal qualification and knowldge. Again though relating to its feild and industry which is business. s-g@live.com.au
Why insurance companies advertising?
Insurance companies have to advertise mainly to keep customers away from their competitors. Most insurance companies are very similar, so it doesn't make a huge difference to customers which company they choose. The ads make each company more unique, even if their policies are similar.
How much percentage do I add to items for a business sale?
There really isn't a usual percentage in business selling. You need to research companies which are selling products similar to yours, look at their costs and establish whether you can make profit by selling at similar prices. To make the business successful you need to be competitive.
What business marketing companies can make my business stand out from the rest?
I would recommend finding a company that sells similar products to what you are interested in selling. Ask them to partner up with you to get started in advertising.
