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What do you mean by genetic industry

Posted by Dipak Gaonkar 5 years, 8 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 5 years, 8 months ago

Genetic Industry: The word ‘genetic’ means parentage or hereditary. Genetic industries are concerned mainly with producing - breeding or multiplying of certain species of plants or animals with the object of earning profits from their sale. Examples of these types are nurseries, forestry, cattle breeding and commercial kennels. Animal husbandry is one type of Genetic Industry.

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