A(n) _____ is a grouping of businesses that interact in a common environment as part of a value chain or distribution channel for a particular good.

Question

A(n) _____  is a grouping of businesses that interact in a common environment as part of a value chain or distribution channel for a particular good.

Quizplus · Accepted Answer

An industry is a grouping of businesses that operate within a specific sector, sharing common characteristics and often participating in the same part of the value chain for producing or distributing goods or services.

A(n) _____ Is a Grouping of Businesses That Interact in a Common