There are little/no similarity at all.
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service industries
They are both payments for people that do their job for hours giving good customer service.
horizontal integration is partnering with other firms in the same or similar industries. vertical integration is partnering with companies that provide some service in the supply chain, ex. suppliers or vendors, of your industry.
A baby sitting service; A professional counseling agency; Another military organization; A taxi service; A financial institution;
A service organization's end product is a service. A manufacturing organization's end product is a product.
A service industry provides a service like lawn care, manufacturing is a factory producing goods.
A manufacturing organization might use toll-free numbers for sales and customer service to encourage customers and potential customers to contact them, knowing the call is free.
Internal Service
Service
list & describe the 3 form of business? describe each of the 3 types (service, merchandising & manufacturing) of business operation? Explain the difference between manufacturing & merchandising?
Manufacturing Cost: These are those costs which are directly involved in manufacturing of product or service. It includesDirect MaterialDirect LabourManufacturing OverheadsNon Manufacturing Cost: These are those costs which are not incurred for manufacturing of product. It includesSelling and marketing expencesAdministration expences
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Manufacturing is one where in production process service orientations is done where in service sector is to completely to serve with service and no production involved in this process.
describe the role of a TPS in a service organization
Is a Service Business..
Franchising normally applies to the service sector whereas contract manufacturing applies to the manufacturing sector. Franchising allows you to utilize the resource of an established national chain while OEM manufacturing enables you to become a supplier in the supply chain.