What are the differences between a plant, firm, factory and industry? – InterviewSolution

1.	What are the differences between a plant, firm, factory and industry?
Answer» A Plant – Plant REFERS to an institution that, in general. ... Firms GENERALLY operate one or more than one plant. An Industry – Industry refers to a group of firms that are INVOLVED in production of same or SIMILAR kind of goods and services.Explanation:hope this will helpful to you

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