What is a difference between commercial industries and cottageindustries?In commercial industries, workers usually make an itemfrom start to finish, while in cottage industries, workersfocus on just one part of making an item.In commercial industries, workers often work from theirO homes, while in cottage industries, workers often workin factories.Commercial industries employ many people, whilecottage industries employ few.Cottage industries usually produce less expensiveitems, while commercial industries produce moreexpensive items.

An industry: It illustrates the collection of firms, which are associated depending on their vital…

Answered: What is a difference between commercial…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Similar questions

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Supply Chain: AppleWrite answers to the questions listed below. Your answers should use professional business language, grammar, spelling and appropriate paragraph and sentence structure, etc. Your response is limited to one page per question except for Question #1, which can (should) be two typed pages (one for each part of Q1 â€“ but you can submit multiple appendices to support your positions. (You will see that Question #1 has two parts).Start each new question on a new page and include the Question Number at the top of the page.Additional Instructions:You may need to do a bit of online research–Google or other search engines will help along with company annual reports, company 10 Kâ€™s, Hoover.com, etc. Links to sites are included further down in this instruction sheet. Citing details will be a big plus in this assignment.With limited answer requirements, do not simply quote sources or references. Instead, try to identify 1-2 common themes or…
coventry PLC had 27,000 units in production during May. Of these 27,000 units, 25,000 units were started during the month. By the end of May, 23,000 units were completed and transferred to finished goods. Cost associated with the beginning inventory was £125,000. Manufacturing costs totalling £850,000 were added during the period. coventry PLC uses the FIFO method and adds all direct materials at the beginning of the process. What is coventry PLC'S cost per unit for direct materials ?
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