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Explain the terms manufacturing and industry with examples |
Answer» <html><body><p>Manufacturing is the production of products for use or sale using labour and machines, tools, chemical and biological processing, or formulation, and is the essence of secondary industry.An industry is a sector that produces goods or related <a href="https://interviewquestions.tuteehub.com/tag/services-1202745" style="font-weight:bold;" target="_blank" title="Click to know more about SERVICES">SERVICES</a> within an <a href="https://interviewquestions.tuteehub.com/tag/economy-21801" style="font-weight:bold;" target="_blank" title="Click to know more about ECONOMY">ECONOMY</a>. The major source of <a href="https://interviewquestions.tuteehub.com/tag/revenue-1188040" style="font-weight:bold;" target="_blank" title="Click to know more about REVENUE">REVENUE</a> of a <a href="https://interviewquestions.tuteehub.com/tag/group-1013370" style="font-weight:bold;" target="_blank" title="Click to know more about GROUP">GROUP</a> or company is an indicator of what industry it should be classified in.</p></body></html> | |