Briefly State the Difference Between a Market and an Industry

question 101

Essay

Briefly state the difference between a market and an industry.How are these two items related to small business success?

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Definitions:

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, typically measured to assess heart health.

Catharsis

Emotional release. The catharsis hypothesis maintains that “releasing” aggressive energy (through action or fantasy) relieves aggressive urges.

Emotional Release

The process of letting go of pent-up emotions, often leading to a sense of relief or catharsis.

Disturbance

An interruption or disruption in the usual condition, process, or state of a system or environment.