Definition of Service industry:
An industry made up of companies that primarily earn revenue through providing intangible products and services.
Service industry companies are involved in retail, transport, distribution, food services, as well as other service-dominated businesses. Also called service sector, tertiary sector of industry. See also primary industry, secondary industry.
A business that does work for a customer, and occasionally provides goods, but is not involved in manufacturing.
How to use Service industry in a sentence?
- The service industry has been growing consistently and this is because there will always be a demand for human intelligence.
- The Koch brothers which own Koch Industries are a gigantic force in the service industry , where their company produces everything from toilet paper, electricity, fertilizers, petroleum, and even has a distribution entity.
- Since neither of my parents ever got educational degrees, they have grown up struggling financially and have always worked in the service industry one way or another.
- Its rare in a service industry to be able to create something so tangible and enduring.
Meaning of Service industry & Service industry Definition