Competency DEVELOP AND UPDATE INDUSTRY KNOWLEDGE Subject Code -

Training hours (DUIK) BASS2/HRS2 - Prelim period

(5 hrs.) Section /Period
Trainer
Teaching Dates Week 1 and Week 2
Engr. Eddie P. Gutierrez
Learning Outcome LO 1 – Identify and access key resources of information on the industry.
1. Key resources of information on the industry
Contents 1. Industry

Learning Resources CBLM – Develop and Update Industry Knowledge / Learning Management System (LMS)

INFORMATION SHEET 1.1

LEARNING OBJECTIVE/S:
After reading this information sheet, you must be able to:
1. Identify what are the knowledge, skills and attitudes required to access, increase and update industry knowledge.

Industry

 Industry refers to the production of goods and services by converting the inputs into outputs and or creation of utilities to
customers, foods produced by an industry are used either by consumers to satisfy their wants and needs or by other
industries for further production,

 An industry may refer to an extraction, generation, conversion or production of goods and services or construction of
building products for a certain price.

 According to the process of production and the nature of the products, an industry can be divided into the following
categories.

1. Primary Industry
 Primary industries refer to the creation of utilities by extracting materials form natural resources or the growth and
development of vegetation and animals by means of reproduction process.
 Primary industries are further classified as extractive and genetic industries.

a. Extractive Industry
 It refers to the extraction or drawing out goods from the natural resources like land, water, air etc. and creation of
utilities in them. It supplies raw materials to other types of industries. Mining, lumbering, hunting, fishing etc. are the
examples of this sort of industry.

b.Genetic industry
 It is related to the growth and development of flora and fauna by multiplying a certain species of plants and breeding of
animals; Plant nurseries, forestry, farming, animal husbandry, poultry etc. are the examples of genetic industry.

2. Secondary Industry

 The industries, which produce finished goods by the use of materials and supplies taken from the primary industries are
known as secondary industries.

 Such industries convert raw materials and semi raw materials into finished products by way of processing the materials.
Assembling components, constructing building products etc.
 According to the process applied and the nature of the product, these industries are divided unto the following types.

a. Manufacturing industry
 Industry refers to the manufacturing industry. It is concerned to the production of goods by using raw materials or semi
raw materials an input and also creates from utility in them/production of sugar from sugarcane, petroleum products
from the crude oil manufacturing vehicles by assembling various components etc. are some of the examples of this sort
of industry. It is again divided into four types.

b. Analytical Industry
 This industry relates to the analysing and separating different components from a single material. For example, crude
oil processed and separated into petrol, diesel, kerosene etc.

c. Synthetic Industry
 This industry relates to the putting of various raw materials together to make a final product.
 Examples are cement which is produced by mixing concrete, gypsum, coal etc. together.

d. Processing Industry
 An industry, which produces the final products by using raw materials and semi raw materials through different stages
of production is known as processing industry.
 Textile industry, paper and sugar mills etc. are some of the examples of this son of industry.

e. Assembling Industry
 It refers to that industry which assembles various component pans that are already manufactured to make a new
product.
 Manufacturing vehicles, electric equipment etc. are some of the examples of this type of industry.

f. Construction Industry
 The industries, which are concerned to the engineering, erecting and construction of building products. They use
materials produced by other industries like cement, iron rods, concrete, bricks etc.
 Their distinctive characteristic is that the products of such industries are not generally sold in the ordinary market but
built at a certain place and transferred its ownership or it is constructed as the order of the customer at said site/place.
 Construction of bridges, roads, dams, canals, building etc. are the examples of construction industry.

g. Service Industry
 Industries which do not produce physical goods but create utility services and sell them for a price. Nursing home
services, film industries, traveling and lodging services etc. are the examples of service industries.
DO NOT RETURN THIS MODULE, KEEP IT AS NOTES FOR FUTURE ASSESSMENTS