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A cottage industry is small scale production of objects by the individual hand of a skilled artisan.
An assembly line is large scale production of objects by a series of unskilled people, each of whom does just one job as the object moves from person to person down an assembly conveyor.
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Difference between contract manufacturing versus toll manufacturing?
These are two terms describing the same thing in practical terms. While anecdotal, some industries prefer the use of one over the other, such as toll manufacturing being more common in the food and beverage manufacturing industry.
What is the difference between light and heavy industry?
In economics, to simplify, labor and capital. Light industry is labor intensive industry while heavy industry is focused on capital investment.
What is the difference between a service industry and manufacturing?
The service industry primarily provides intangible products, such as expertise, experiences, or assistance, focusing on customer interactions and satisfaction. In contrast, manufacturing involves the production of tangible goods through various processes, often transforming raw materials into finished products. While the service sector emphasizes skills and relationships, manufacturing prioritizes efficiency, production, and supply chain management. Both sectors are essential to the economy but operate under different principles and business models.
Difference between an industry and a factory?
A company is a group of people organized for any business purpose (for example a restaurant, factory, store, or insurance sales). A factory is one kind of company that specifically produces items (such as computer, sofa, car).
What is the difference between Iron and steel industry of Jamshedpur and Pittburgh?
they are well equipped with jfdgdjg flh,gjl;
What is the difference between Fabrication and Manufacturing in an Industry?
MANUFACTURING VS FABRICATION: single product is obtained by manufacturing and group of product which result is single obtained by fabrication.
What is the economic difference between north and south?
There was a large manufacturing base in the North. In the South, it's the industry is mostly agriculture.
Difference between MBO and traditional management?
difference between mbo and traditional management
What is the difference between a traditional and a personal CV?
what is the difference between a 'traditional' and a 'personal' CV
What is the difference between bop and traditional restaruant?
what is the difference between bop restarunt and traditional restaurant?
What is the difference between recipe and routing in sap pp?
It is basically the same. The routing is used in discrete manufacturing, the recipe is used for the process industry solution.
What is the differnece between a service industry and manufacturing?
A service industry provides a service like lawn care, manufacturing is a factory producing goods.
What is the manufacturing difference between product analysis and heat analysis?
manufacturing process of steel plates difference between heat and product analysis ?
What is the difference between traditional banking and modern banking?
difference between modern and traditional banking is
What is the difference between industry and market?
what is the differences between Industry and Market
Difference between contract manufacturing versus toll manufacturing?
These are two terms describing the same thing in practical terms. While anecdotal, some industries prefer the use of one over the other, such as toll manufacturing being more common in the food and beverage manufacturing industry.
What is the difference between manufacturing and services?
Manufacturing produces goods. Services provide services.
