What is ancillary industry example?

What is ancillary industry example?

The industries which make parts and components used by big industries to assemble their final products are known as ancillary industries. For example: – Industries which manufacture automobiles, railway engines, tractors, etc. are ancillary industries.

What is an example of an ancillary?

The definition of ancillary means something that is helping or subordinate, but not as necessary. An example of ancillary is an overflow valve that is designed to take the pressure off of a main pumping system.

What are examples of ancillary products?

Ancillary Products means service contracts, warranties, mechanical breakdown contracts, GAP contracts, vehicle recovery devices, credit life, credit accident, and health insurance.

What is meant by ancillary services?

Ancillary services are medical services or supplies that are not provided by acute care hospitals, doctors or health care professionals. Examples of ancillary services include: Dialysis services. Durable medical equipment (DME)

What are the examples of service industry?

The following are common examples of service industries.

  • Information Technology. Information technology is shifting away from products such as packaged software towards services such as software as a service.
  • Hospitality.
  • Travel.
  • Transportation.
  • Media.
  • Entertainment.
  • Sports.
  • Healthcare.

What is the meaning of feeder industry?

An industry which provides their finished product to other industries as their base product or raw material are called feeder industry.

What means ancillary?

1 : of lower or secondary class or rank : subordinate, subsidiary. 2 : providing additional help or support : auxiliary, supplementary.

What is another word for ancillary?

What is another word for ancillary?

auxiliary secondary
subsidiary supplementary
extra subordinate
accessory additional
supplemental supporting

What is ancillary retail?

Ancillary retail services are either different from, enhance, or support the main services/products of a company. They are essentially revenue generated from the sale of products and services that are NOT the company’s main line of business.

What are ancillary services in the tourism industry?

“Ancillary Services are facilities and secondary services that support the primary amenities in tourism sector. These are important for the success of the tourism business. These services are the ‘Extras’ that form the part of tourists experience and make them all more comfortable and enjoyable.”

What are the different types of ancillary services?

Six different kinds of ancillary services:

  • scheduling and dispatch.
  • reactive power and voltage control.
  • loss compensation.
  • load following.
  • system protection.
  • energy imbalance.

What are the 5 types of service industries?

Service industries are an important part of a functioning society and growing economy….Examples of service industries

  • Hospitality. The hospitality industry includes hotels, restaurants and bars.
  • Tourism.
  • Finance.
  • Fitness.
  • Beauty and wellness.
  • Mechanical.
  • Media and entertainment.
  • Design.

What are ancillary businesses?

Basic Definition. The purposes of ancillary businesses are to provide clients of law firms with a broader range of services, strengthen relationships with clients and provide lawyers and law firms with additional income. Ancillary businesses are also referred to as “dual practice” businesses.

Ancillary revenue is revenue generated from goods or services that differ from or enhance the main services or product lines of a company. Examples of ancillary revenue could be an ice-cream company that gets into the business of selling ice-cream scoops, or a printer company that starts selling printer ink.

What is the meaning of ancillary industry?

Ancillary industry. Ancillary industries are those which manufacture parts and components to be used by larger industries. Eg- Companies like GE (ancillary) produce engines for the aircraft industry.

What is ancillary industry?

Definition of ‘ancillary equipment’. ancillary equipment in the Oil and Gas Industry. Ancillary equipment is machines and other technical things which are used with the main items of equipment to create a complete system.

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