The portion of the overall economy defined by the nature of a company's operations is called the:
A) economic component.
B) company component.
C) industry sector.
D) country sector.

Question

Quizplus · Accepted Answer

The term used to define the portion of the overall economy that is defined by the nature of a company's operations is called the industry sector. It refers to a group of companies that produce similar products or provide similar services, and is used as a way to categorize businesses for analysis and comparison. The other options (A, B, D) are not commonly used terms to describe this concept.

The Portion of the Overall Economy Defined by the Nature