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GDP

The document outlines 4 scenarios and classifies them by type of industry. Scenario 1 is about starting a small-scale mining operation and is classified as mining or extractive industry. Scenario 2 is about starting a software development company and is classified as technology or IT industry. Scenario 3 is about opening a restaurant focusing on local ingredients and is classified as food and beverage industry. Scenario 4 is about launching a biotechnology company researching gene editing for medical treatments and is classified as biotechnology or healthcare industry.

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fariakhan02743
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31 views2 pages

GDP

The document outlines 4 scenarios and classifies them by type of industry. Scenario 1 is about starting a small-scale mining operation and is classified as mining or extractive industry. Scenario 2 is about starting a software development company and is classified as technology or IT industry. Scenario 3 is about opening a restaurant focusing on local ingredients and is classified as food and beverage industry. Scenario 4 is about launching a biotechnology company researching gene editing for medical treatments and is classified as biotechnology or healthcare industry.

Uploaded by

fariakhan02743
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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S. No.

Scenario Type of industry Reason


1 Setting up a small- Mining or Extractive This scenario
scale mining operation Industry represents the
to extract valuable mining industry. The
minerals from the extraction of valuable
earth.
minerals from the
earth is a hallmark of
the mining sector,
which involves the
exploration,
extraction, and
processing of
minerals and ores.
2 Starting a software Technology or IT
development company Industry This scenario falls
that specializes in
under the
customize business
application. technology or IT
industry. The focus
on software
development and
customization
indicates an
involvement in
technology-driven
solutions, catering
to businesses'
needs for
specialized
applications.

3 Opening a restaurant Food and Beverage This scenario aligns


that focuses on local Industry with the food and
ingredients beverage industry.
The emphasis on
using local
ingredients suggests
a commitment to
fresh, locally sourced
food, which is a
characteristic of the
food and beverage
sector.
4 Launching a Biotechnology or
biotechnology Healthcare Industry This scenario
company that
conducts research on belongs to the
gene editing biotechnology or
technologies to
healthcare
develop new medical
treatments. industry. The
focus on gene
editing
technologies for
medical
treatments
indicates
involvement in
cutting-edge
biotechnological
research aimed at
developing
innovative
medical
solutions.

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