explain various type of manufacturing business
Answers
A manufacturing business is any business that uses raw materials, parts, and components to assemble finished goods. ... Manufacturing businesses can choose to sell their products directly to consumers, to other manufacturers, to distributors or to wholesalers.
Explanation:
The following are the types of manufacturing industry:
(a) Analytical industry : This industry includes activities which are involved in analysing and separating basic materials into a number of products, for example, processing crude oil to produce petrol, diesel, etc.
(b) Synthetic industry : In this industry, two or more materials are mixed together to create a new product. For example, producing soap, biscuits, etc.
(c) Processing industry: In this industry, raw materials are processed to produce finished goods through a series of manufacturing operations. For example, sugar from sugarcane, textile products, etc.
(d) Assembling industry : In this industry, the finished product is produced by assembling the various parts or components. For example, radio, car, ect...
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