Difference Factory Company

Difference Factory Company

Company vs Factory - Whats the difference? | WikiDiff

As nouns the difference between company and factory is that company is a team; a group of people who work together professionally while factory is (obsolete) a trading establishment, especially set up by merchants working in a foreign country. As a verb company is (archaic|transitive) to accompany, keep company …

Whats the difference between a factory, company ...

Factory - physical entity; location/premises where manufacturing, processing of a product(s) is done. Company - abstract entity; legal entity; commercial body in the business of one or more indutries. Industry is a macro concept, factory or unit is a micro concept and the company is entirely different concept relating to ownership.

What is difference between company and factory - Answers

Nov 18, 2008 · A company is a group of people organized for any business purpose (for example a restaurant, factory, store, or insurance sales). A factory is one kind of company that specifically produces items ...

What is difference between company industry and factory ...

A company is a group of people organized for any business purpose (for example a restaurant, factory, store, or insurance sales). A factory is one kind of company that specifically produces items ...

The Difference Between a Factory Outlet Store and a ...

Mar 24, 2019 · The Difference Between Factory and Company A true factory outlet sells the damaged and excess items produced by a specific factory, which doesnt necessarily manufacture goods for only one company. Although factory outlets often only stock one brand’s items, stocking only one brand isnt what defines a factory outlet.

What is the difference between company, industry, factory ...

Apr 18, 2009 · What is the difference between company, industry, factory? 1. Generally, a company is a form of business organization. The precise definition varies.

What is the difference between "factory" and "plant" and ...

Feb 24, 2016 · A factory is an industrial building (or group of buildings) where a company makes/manufactures or assembles products (in very large quantities), typically using big and heavy machinery. A plant (in this context) basically just refers to any building (or group buildings) that are industrial (involved in some sort of industrial or manufacturing process) using industrial equipment or …

difference between industry, factory and company? | Yahoo ...

Nov 11, 2006 · Industry is a macro concept, factory or unit is a micro concept and the company is entirely different concept relating to ownership. Automobile Industry indicates all the factories, processing units , marketing agents involved in manufature of aotomobiles.

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Difference Between Company and Industry | Compare the ...

May 02, 2011 · Difference Between Company and Industry • A company is a legal entity that gets incorporated under the Companies Act and is involved in manufacture and sale of products or services. • A company is always a part of an industry which comprises many other companies that are involved in manufacture of similar products and services.

Difference between Factory and Industry | Factory vs Industry

Difference between Factory and Industry. A factory is a building where the actual manufacturing of the product takes place. In many cases, the terms factory and industry are used interchangeably, but the meaning of these words are not the same. In fact, industry refers to the production of economic goods.

What is the difference between a company, organisation ...

Difference between firm and company must be examined from two main perspectives: Legal perspective and; Linguistic perspective. From legal perspective there is no such business structure as firm. The word "firm" is used interchangeably with the term "company". From a linguistic point of view company is a broader notion of business entity.

Difference Between Factory and Industry | Difference Between

Mar 06, 2011 · • Categorized under Business,Structure & Systems | Difference Between Factory and Industry ‘Factory’ vs ‘Industry’ Our economy is dependent upon several factors, namely; labor, capital, resources, and other economic agents that are necessary for the production, exchange, distribution, and consumption of goods and services.

New York vs Hamburg | Chic Pianos

Heat pressed; produced by Renner Company, designed to Hamburg factory specifications. Of all the differences outlined above, the most significant is the hammer s. The Hamburg factory uses a heat-pressing process that relies on heat to accelerate curing of the glue between the felt and the wood.

Difference Between Business and Company | Compare the ...

Jul 15, 2011 · What is the difference between Business and Company? • Operating as a business has the benefit of low start up cost as you need to register your company in the states where your business has the presence. • On the other hand, starting as a company can be quite costly and time consuming.

Basic Difference Between Factories Act 1948 & Companies ...

Dear All, can anybody let me know that what is the basic difference between factories act 1948 and companies act 1956. why the two different acts needed to form. Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.

difference between company and factory - Others - Labour ...

Jan 01, 2009 · factories are defined as those establishments where 10 or more workers are employed using energy and also where 20 or more workers are employed without any use of energy to any manuacturing activity which incleds alteration of raw material etc into a new produsts and relevat conditions under the factories act. a compnay has to be registered as a factory if it is engaged in any …

Difference Between Corporation and Company (with ...

Aug 11, 2017 · Key Differences Between Corporation and Company. The points given below are important, so far as the difference between corporation and company is concerned: The word Corporation is defined in section 2 (11) of the Companies Act while the term Company is defined in section 2 (20) of the Companies Act.

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