ENTREPRENEURSHIP

Detailed explanation-1: -A manufacturing organization is a business that uses parts, components, or raw materials to produce finished goods (Figure 2.6). These finished goods are sold either directly to the consumer or to other manufacturing firms that use them as a component part to produce a finished product.

Detailed explanation-2: -A manufacturing business (manufacturer) converts materials into goods suitable for use and then sells those goods to others.

Detailed explanation-3: -Manufacturing is the process of converting a raw material into a finished, tangible product.

Detailed explanation-4: -Manufacturing production refers to the strategies companies use to manufacture and produce goods for sale.

Detailed explanation-5: -What are the types of manufacturing industries? There are many types of manufacturing industries, including industrial manufacturing, automotive manufacturing, consumer electronics manufacturing, chemical manufacturing, and food and drink manufacturing.