Business category Meaning: Definition, Examples, and Translations

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business category

[หˆbษชznษ™s หˆkรฆtษ™หŒษกษ”ri ]

Definitions

Context #1 | Noun

in commerce

A particular area of business in which a company operates or specializes.

Synonyms

field, industry, sector.

Which Synonym Should You Choose?

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Word Description / Examples
business category

This term is used to classify companies based on their activities or products, often for organizational or marketing purposes.

  • The new startup falls into the tech business category
  • We need to understand which business category our competitors belong to
sector

Sector is typically used to refer to a part of the economy that includes various industries based on some shared characteristics.

  • The public sector includes all government services and enterprises
  • The technology sector saw unprecedented growth last year
industry

This term is used to refer to a broad category of economic activity where similar types of goods or services are produced or supplied.

  • The automotive industry is undergoing significant changes due to new technologies
  • He has over 20 years of experience in the real estate industry
field

Field is used when referring to a specific area of knowledge, expertise, or professional practice.

  • She is an expert in the field of artificial intelligence
  • Many professionals in the medical field attended the conference

Examples of usage

  • The company is expanding its operations into the technology business category.
  • Our products fall under the beauty business category.
Context #2 | Noun

in awards

A classification of a business based on criteria such as size, revenue, or industry.

Synonyms

classification, division, grouping.

Which Synonym Should You Choose?

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Word Description / Examples
business category

This term is typically used when referring to different sectors or areas within the business world. It's appropriate for professional and formal settings.

  • Our company specializes in the healthcare business category
  • Mobile app development falls under the technology business category

Examples of usage

  • The small business category includes companies with less than 50 employees.
  • Our business won in the innovation category at the awards.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Economics

  • The classification of businesses into categories helps economists analyze market trends and consumer behavior.
  • By grouping similar types of businesses, it's easier for governments and institutions to implement regulations and support.
  • Different business categories often face distinct challenges, such as varying competition levels and customer demands.

Pop Culture

  • Many popular films showcase characters trying to climb the corporate ladder in specific business categories, such as tech, food, or fashion.
  • Television shows often depict various business categories, providing insights into restaurant culture or corporate environments, inviting viewers to explore these worlds.

Education

  • Business schools frequently teach about different categories, helping students understand the context and characteristics of various industries.
  • Courses in entrepreneurship often encourage students to identify and categorize their business ideas for better clarity and strategy.

Technology

  • Online platforms categorize businesses for easier navigation, making it simple for consumers to find what they need.
  • Data analytics help companies understand performance metrics by sorting results into relevant business categories.

Origin of 'business category'

Main points about word origin

  • The word 'business' comes from the Old English 'bisignis', which means 'anxiety' or 'care', indicating the concern involved in managing trade.
  • The word 'category' has roots in the Greek word 'katฤ“goria', which means 'to declare' or 'accuse', a concept that evolved to categorizing or classifying things.

The word 'business category' originated from the combination of 'business', which refers to commercial, industrial, or professional activities, and 'category', which is a class or division of people or things regarded as having particular shared characteristics. The concept of categorizing businesses into different groups or sectors has been essential for organization and classification in various industries.