Business Studies, asked by santhosriya, 5 months ago

28. Which of the following
industries should be located
near the vicinity of raw
materials?
O Cycles
O Televisions
O Sewing Machines
O Steel Mills​

Answers

Answered by Sanaayaan354gmailcom
6

Answer:

Answer may be the sewing machine

Explanation:

I hope it may be correct

Answered by ashutoshmishra3065
0

Answer:

Explanation:

Raw materials:

The inventory or input commodities that a business needs to make its products are known as raw materials.

Steel, oil, corn, grain, gasoline, lumber, forestry resources, plastic, natural gas, coal, and minerals are a few examples of raw materials.

Direct raw materials, such as wood for a chair, are those that are employed immediately in the production process.

Although indirect raw materials are employed extensively during the production process, they do not appear in the finished product.

On the balance sheet, the cost of direct raw material inventory is shown as a current asset.

Steel Mills:

An industrial facility for the production of steel is known as a steel mill or steelworks. It could be a fully integrated steel plant that performs every stage of the steelmaking process, from smelting iron ore to rolling the finished product, but it could also be a facility that produces steel semi-finished casting goods from molten pig iron or from scrap.

Steel mills industries should be located near the vicinity of raw materials.

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