Question: An industry can be defined as: Question 1 Answer a . A grouping that describes an area of the economy in which businesses share the

An industry can be defined as:
Question 1Answer
a.
A grouping that describes an area of the economy in which businesses share the same or a related product or service
b.
A grouping that describes firms that are related based on their "primary" business activity
c.
A grouping that describes prospective buyers with common needs and demands, who respond similarly to a marketing action.
d.
A grouping that describes the share of the market revenue controlled by an organisation.

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