Classification of Market sectors in Which Businesses Operate

Most businesses are classified in line with the industry they will operate in. Some of these happen to be large companies that concentrate on a specific kind of industry, including Apple or Walmart, even though other folks specialize in a certain type of services or products. Examples of industrial sectors in which businesses may handle include advertising and marketing, mattress creation, real estate, and oil. ExxonMobil, for instance, executes business by giving oil to customers. Different industries involve restaurants, shops, and other small enterprises.

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