QS Study

Service industry and Construction industry

Service industries are involved with proving service of professionals. It is a type of business that provides services to customers rather than producing a product. It is an industry in that part of the economy that creates services rather than tangible objects. Service industry companies are involved in retail, transport, distribution, food services, as well as other service-dominated businesses. It is an industry such as banking or insurance that provides a service but does not produce anything. It is a business that does work for a customer, and occasionally provides goods but is not involved in manufacturing.

Construction industry: Construction industries are concerned with making or constructing of buildings, bridges, dams, roads, canals etc. It is a sector of national economy engaged in the preparation of land and construction, alteration, and repair of buildings, structures, and other real property. It is the branch of manufacture and trade based on the building, maintaining, and repairing structures. This includes drilling and solid mineral exploration. This industry is mainly an urban-based one which is concerned with preparation as well as the construction of real estate properties.