Industry Tenders

Get access to latest industry tenders and bids. Find business opportunities and government contracts for industry tenders, machinery tenders, equipment tenders, industrial tenders, industrial plant tenders, industrial machinery tenders, industrial equipment tenders, construction material tenders, chemical tenders, metal tenders, paper tenders, packaging tenders. Find international industry bids, tenders, procurement, rfps, rfqs, icbs.

In macroeconomics, an industry is a branch of an economy that produces a closely-related set of raw materials, goods, or services. When evaluating a single group or company, its dominant source of revenue is typically used by industry classifications to classify it within a specific industry. However, a single business need not belong just to one industry, such as when a large business diversifies across separate industries. Industries, though associated with specific products, processes, and consumer markets, can evolve over time. One distinct industry (for example, barrel making) may become limited to a tiny niche market and get mostly re-classified into another industry using new techniques. At the same time, entirely new industries may branch off from older ones once a significant market becomes apparent (as the semiconductor industry becomes distinguished from the wider electronics industry). Industry classification is valuable for economic analysis because it leads to largely distinct categories with simple relationships. However, more complex cases, such as otherwise different processes yielding similar products, require an element of standardization and prevent any one schema from fitting all possible uses."

Tags: Industry Tenders, Industry Bids, Industry Global Tenders, Industry International Tenders, RFPs, RFQs, EOI, ICBs, Procurement news, Project Information, Contract awards.