differentiate between service industry and manufacturing industry
Answers
Answered by
4
Manufacturing sector is the combination of all industries that are engaged in transforming raw materials into consumer goods. Service sector is that sector which provides 'services' to the consumer. This sector produces intangible goods.
Answered by
3
Explanation:
The key difference between service firms and manufacturers is the tangibility of their output. The output of a service firm, such as consultancy, training or maintenance, for example, is intangible. Manufacturers produce physical goods that customers can see and touch.
Similar questions