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aerospace
planes and space vehicles
automobiles
cars
construction
buildings
defence
weapons
electronics
Mobile phones, etc.
food processing
canned, frozen etc. foods
household goods
washing machines, refrigerators, etc.
pharmaceuticals
medicines
steel
a strong metal used in the manufacturing of machinery and cars
textiles
cloth and clothes
call centers
dealing with orders, complaints, etc. from customers by phone
catering
restaurants, bars, etc.
computer software
instructions for computers
financial services
banking, insurance, etc.
healthcare
medical care
leisure
cinemas, sport, etc.
media
books, newspapers, film, television
property/real estate
buying, selling and managing buildings
retail
shops
telecommunications
phone, internet services
tourism
travel and holidays
industry
production of materials and goods
Emerging Industries
describing a new industry
economy
economie
growth industries
Sector of an economy which experiences a higher-than-average growth rate as compared to other sectors
light industries
A section of an economy's secondary industry characterized by less capital-intensive and more labor-intensive operations
heavy industries
Industry that involves one or more characteristics such as large and heavy products; large and heavy equipment and facilities or complex or numerous processes
diversified
varied
market research
finding out what people really want
surveys
examination
in-person surveys
can show an example or sample of a new product
telephone surveys
being called up and answering questions
mail surveys
surveys sent to respondents using the postal service
low response rates
Low numbers of people who react
sample
a small part or quantity intended to show what the whole is like
online surveys
survey data collected using the internet
pool
selection
focus groups
A strategy to obtain data from a small group of people using interview questions
moderator
the person who asks the questions
personal interviews
direct, face-to-face conversation between an interviewer and the respondent
observations
Information gathered by noticing facts and occurrences
field trials
Placing a new product in selected stores to test customer response under real-life selling conditions
developers
a person or thing that develops something
beta version
first version
bugs
problems
CAD/CAM
computer-assisted design/computer-assisted manufacturing
prototypes
first versions
trialling
testing
product launch
the moment when a product is made available for sale
design defect
design fault
recall
asking those who have bought the product to return it
consumer
a person who purchases goods and services for personal use
design
plan
market
a group of buyers and sellers of a particular good or service
innovate
to think of new ideas
invent
to make something for the first time
breakthroughs
innovations
cutting edge/leading edge
the latest or most advanced stage in the development of something
state-of-the-art
using the latest technology
hi-tech
using the most modern machines and equipment
low-tech
not using the most recent equipment or methods
obsolete
out of date
future-proof
to design so that minimal updating will be required in the future
proprietary
information that belongs to an individual or company
patents
exclusive rights to make or sell inventions
under license
with special permission from the maker of the product
royalties
The share of earnings given by a franchisee as payment to the franchiser
copyright infringement
cannot be used by others without permission
piracy
illegal downloading
trademark
recognizable symbol
intelectual property
the area of law relating patents, copyright and trademarks
manufactured products/goods
items transformed from raw materials into finished products
manufacturer/producer
maker
provider/provide/provision
a person who gives someone something they need
/
/
hand-made
selfmade
craft industry
involves the creation of goods
labour-intensive
where production relies more heavily on labour relative to machinery
assembly line/production line
a team of workers were responsible for each part of the manufacturing process
manufacturing plant
an industrial facility with buildings, machinery, and workers where raw materials or components are processed to create finished products
to churn something out
to produce something quickly and in large amounts
cost-effective
they produce a lot in relation to what they cost
computer-aided
computer-assisted
output
the number of things a company produces
productivity
a measure of the number of things produced in relation to the number of employees
capacity
the maximum amount that a company can produce
overcapacity
operating costs that are too high
spare capacity
situation where an economy can produce more with existing resources than they are currently producing
excess capacity
a company or organization can produce more goods or services than currently demanded by the market, leading to unused resources and production capabilities
surplus capacity
the amount of a company's production capability that is not currently being used to meet market demand
surplus/glut
if far too many things are produced
components
parts
raw materials
the basic material from which a product is made
inputs
materials and parts
labours
workers and managers
capital
money
knowledge
understanding
work-in-progress
in the course of being made
(in) stocks
inventories
(outside) suppliers
partners