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IS industry the grouping of similar firms or diss…

IS industry the grouping of similar firms or dissimilar firms?

IS industry the grouping of similar firms or dissimilar firms?

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Chiranjibi Chapagain Mar. 14, 2018

Industry is a consortium of firms whose products or services have homogenous attributes or are close substitutes such that they compete for the same buyer. For example, all paper manufacturers constitute the paper industry.