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Related and Supporting Industries.

Forums › ACCA Forums › ACCA SBL Strategic Business Leader Forums › Related and Supporting Industries.

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by dumonde.
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  • January 24, 2017 at 9:56 am #369244
    Amer
    Member
    • Topics: 22
    • Replies: 8
    • ☆

    What is difference between related and supporting industries?
    Are banks considered to be supporting industries?

    February 19, 2017 at 12:15 pm #373139
    dumonde
    Participant
    • Topics: 28
    • Replies: 58
    • ☆☆

    I think the clue is in the title e.g. related and supported.. There is no difference per se, they are connected.

    these are resources that both support but are related to the industry, product line or organisation, it’s what makes them successful.

    take Scottish whisky, farmers provide the grain, peat suppliers supply the peat, bespoke barrel manufacturers provide for distilling…

    I don’t think you could class banks as related.

    Hope this helps!

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