Identify and Discuss Five Differences Between Service and Manufacturing Organizations

question 10

Essay

Identify and discuss five differences between service and manufacturing organizations.

---

Definitions:

Chart Of Accounts

A structured list of a business's financial accounts, designed for easy management and reporting of its financial activities.

Company Settings

The configuration options within business software that customize aspects like company details, preferences, and operational parameters.

Recurring Transactions

Transactions that occur at regular intervals, such as monthly subscriptions or annual memberships.

Revenues

The total amount of income generated by the sale of goods or services related to a company's primary operations.