Information Technology Industry Information Technology Industry? Information technology (IT) is the use of any computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data. Typically, IT is used in the context of business operations, as opposed to the technology used for personal or …
Financial Service Industry Financial Service Industry? Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers, and some government-sponsored enterprises. The term “financial services” became more prevalent in the United States partly as a result of the Gramm–Leach–Bliley Act of the late 1990s, which enabled different types of …
Transport, Storage & Communication Transport, Storage & Communication Industry? Transport (BE) or transportation (AE) is the movement of humans, animals, and goods from one location to another. In other words, the action of transport is defined as a particular movement of an organism or thing from a point A (a place in space) to a point …
Hospitality Industry Hospitality Industry? Hospitality is the relationship between a guest and a host, wherein the host receives the guest with some amount of goodwill, including the reception and entertainment of guests, visitors, or strangers. Louis, chevalier de Jaucourt describes hospitality in the Encyclopédie as the virtue of a great soul that cares for the whole universe through the ties …
Nuclear Fuel Industry Nuclear Fuel Industry? Nuclear fuel is material used in nuclear power stations to produce heat to power turbines. Heat is created when nuclear fuel undergoes nuclear fission. Most nuclear fuels contain heavy fissile actinide elements that are capable of undergoing and sustaining nuclear fission. The three most relevant fissile isotopes are uranium-233, uranium-235 and plutonium-239. When the unstable nuclei of these atoms are …
Wholesale and retail trade Industry Wholesale and retail trade Industry? Wholesalers and retailers are in the business of re-selling goods that have been purchased from suppliers. They bring goods produced in the province, or imported from other regions and countries, to the marketplace where they can be purchased by consumers. Domestic trade, different from international …
Construction Industry Construction Industry? Construction is a general term meaning the art and science to form objects, systems, or organizations, and comes from Latin constructio (from com- “together” and struere “to pile up”) and Old French construction. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure and industrial facilities, and associated …
Water Supply Industry Water Supply Industry? Water supply is the provision of water by public utilities, commercial organisations, community endeavors or by individuals, usually via a system of pumps and pipes. Aspects of service quality include continuity of supply, water quality and water pressure. The institutional responsibility for water supply is arranged differently in different countries and regions (urban versus …
Gas Supply Industry Gas Supply Industry? Natural gas is one of the mainstays of global energy. Where it replaces more polluting fuels, it improves air quality and limits emissions of carbon dioxide. In this analysis, we explore how widespread and durable this role might be in some of today’s key energy markets. All the piped medical …
Electricity Supply Industry Electricity Supply Industry? The Electricity Supply Industry (ESI) is among the most powerful economic sectors in Germany, and constitutes an economic and political power cartel which has been able to resist all attempts at altering the framework conditions for German energy policy in recent decades. The legal and institutional framework has cemented this structure …
