Category: Sector

Industry Subsidy

Industry Subsidy is the means through which a government provides assistance to its domestic industries. The motive behind forwarding of such such assistance from the underlying theory of “infant industry argument”. According to this argument, certain industries on the domestic front require Industry Subsidy for reaching a level playing field with its competitors in the international arena. But this subsidy will not be provided to them for all time and is expected to be seized when the target industry reaches the benchmark level where it could sustain itself.

Market Share

Market share implies the proportion of an individual firm’s sales as compared to the total sales in the industry. It could also refer to the share of a particular industry in the overall market. Determination of market share is possible only after a thorough industry/market analysis.

Measurement of Market Share

Market share can be calculated using several bases. However, the most commonly used parameters are:

Industrial sector

The industrial sector of the economy is one that make finished products which can then be utilized viz. construction and manufacturing industry. Industrial sector is also known as secondary sector.

Piracy

Major Industry