Business Industry Presentation PDF

Presentation By : Group 1 Types of Industries and business organization Industry Industry is a classification that refers to groups of companies that are related based on their primary business activities. Example :  Type of industry  Agribusiness Industry Agrib...

Presentation By : Group 1 Types of Industries and business organization Industry Industry is a classification that refers to groups of companies that are related based on their primary business activities. Example :  Type of industry  Agribusiness Industry Agribusiness is defined as the business sector encompassing farming and farming-related commercial activities Uses advanced techniques like GPS for harvesting and machinery for efficiency. Faces challenges such as changing consumer preferences, global competition, and land reduction due to urbanization. Manufacturing Industry Manufacturing is the creation and assembly of components and finished products for sale. Examples of manufacturers in the Philippines are Alaska Milk Corporation, Universal Robina, Zest-O, and San Miguel Corporation. Types of Manufacturing Production 1. Make to Stock (MTS). This strategy is based on demand forecasts, so it makes the most sense when demands can be predicted with reasonable accuracy. Types of Manufacturing Production 1. Make to Stock (MTS). This strategy is based on demand forecasts, so it makes the most sense when demands can be predicted with reasonable accuracy. Companies can lose money with this strategy if they manufacture too much or too little. Types of Manufacturing Production 2. Make to Order (MTO). It allows customers to order products built to their specifications. Types of Manufacturing Production 3. Make to Assemble (MTA). It is a hybrid of the two: companies stock basic parts based on demand predictions, but do not assemble them until customers place their orders and can offer customization. Retail Industry Retail refers to individual investors who buy and sell securities for their personal account, and not for another company or organization. Service Industry The service industry is that part of the economy that creates services rather than tangible objects. THANK YOU