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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.
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.
In economics, to simplify, labor and capital. Light industry is labor intensive industry while heavy industry is focused on capital investment.
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).
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MANUFACTURING VS FABRICATION: single product is obtained by manufacturing and group of product which result is single obtained by fabrication.
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.
There was a large manufacturing base in the North. In the South, it's the industry is mostly agriculture.
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It is basically the same. The routing is used in discrete manufacturing, the recipe is used for the process industry solution.
A service industry provides a service like lawn care, manufacturing is a factory producing goods.
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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.
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