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Third Industrial Revolution. The Third Industrial Revolution, also known as the Digital Electronics Revolution, occurred in the late 20th century, after the end of the two world wars, resulting from a slowdown of industrialisation and technological advancement compared to previous periods.
Most jargon is technical terminology (technical terms), involving terms of art or industry terms, with particular meaning within a specific industry. The primary driving forces in the creation of technical jargon are precision, efficiency of communication, and professionalism.
The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television and telephones. Several products or services within an economy are associated with information technology, including computer hardware , software , electronics, semiconductors ...
Heavy industry is an industry that involves one or more characteristics such as large and heavy products; large and heavy equipment and facilities (such as heavy equipment, large machine tools, huge buildings and large-scale infrastructure); or complex or numerous processes.
Though the term business intelligence is sometimes a synonym for competitive intelligence (because they both support decision making), BI uses technologies, processes, and applications to analyze mostly internal, structured data and business processes while competitive intelligence gathers, analyzes, and disseminates information with a topical ...
Industrial societies are generally mass societies, and may be succeeded by an information society. They are often contrasted with traditional societies. [1] Industrial societies use external energy sources, such as fossil fuels, to increase the rate and scale of production. [2]
From a financial perspective, the goal of the manufacturing industry is mainly to achieve cost benefits per unit produced, which in turn leads to cost reductions in product prices for the market towards end customers.
The food industry is a complex, global network of diverse businesses that supplies most of the food consumed by the world's population. The food industry today has become highly diversified, with manufacturing ranging from small, traditional, family-run activities that are highly labour-intensive, to large, capital-intensive and highly ...
A shill, also called a plant or a stooge, is a person who publicly helps or gives credibility to a person or organization without disclosing that they have a close relationship with said person or organization. Shills can carry out their operations in the areas of media, journalism, marketing, politics, sports, confidence games, cryptocurrency ...
The Global Industry Classification Standard used by Morgan Stanley define the energy industry as comprising companies primarily working with oil, gas, coal and consumable fuels, excluding companies working with certain industrial gases.