Identify the four basic industry archetypes
Knowledge Industry, Capital Intensive Manufacturing, Process Industry, Labor Intensive Manufacturing
Knowledge Industry, Capital Intensive Manufacturing, Continuous Manufacturing, Labor Intensive Manufacturing
Continuous Manufacturing, Knowledge Industry, Process Industry, Capital Intensive Manufacturing
Discrete Manufacturing, Capital Intensive Manufacturing, Continuous Manufacturing, Labor Intensive Manufacturing
The four basic industry archetypes are:
Knowledge Industry: This archetype focuses on industries where the primary value is derived from intellectual capabilities and expertise. Examples include software development, consulting, and research and development.
Capital Intensive Manufacturing: These industries require significant investment in machinery, equipment, and infrastructure. Examples include automotive manufacturing, aerospace, and heavy machinery production.
Process Industry: This archetype involves industries where the production process is continuous and often involves chemical, physical, or biological transformations. Examples include oil refining, chemical production, and food processing.
Labor Intensive Manufacturing: These industries rely heavily on human labor rather than machinery or automation. Examples include textiles, apparel, and certain types of assembly work.
So, the correct identification of the four basic industry archetypes from the given options is:
Knowledge Industry, Capital Intensive Manufacturing, Process Industry, Labor Intensive Manufacturing