The Main Difference Between Process Manufacturing and an Assembly Process

question 165

True/False

The main difference between process manufacturing and an assembly process is: Process manufacturing uses sophisticated robots and automated machinery to produce a good or service,while an assembly process uses labor and simple tools to make a product.

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Definitions:

Industry Comparison

Industry Comparison involves evaluating the performance, strategies, and metrics of companies within the same sector to gauge competitive standing and trends.

High-Risk

Describing investments or entities that offer the potential for higher returns but with a higher likelihood of loss or volatility.

Low-Risk

Refers to investments or financial situations that are expected to have a minimal chance of loss or decrease in value.

ROA

Return on Assets, a financial metric that shows the profitability of a company in comparison to its overall assets.