2006-07-25 16:41:51 · 4 answers · asked by AnnaKieryk 1 in Business & Finance ➔ Other - Business & Finance
a private label have limited liability of company's debts from shares obligation. but proprietary have unlimited liability against company debts.
which means that directors in private label won't be fully responsible for all debts, it is limited by how much percentage of shares that they hold.
while poprietary, director are fully responsible coz it's a one-man show.
2006-07-25 16:46:02 · answer #1 · answered by didy 2 · 0⤊ 0⤋
A private label is created specifically for companies or individuals to use and put their brand name on. The product is created as an alternative to companies creating their own products from scratch. Therefore, they save money by putting their label on this Private Label product that is made by a different company and offered to them.
A proprietary product is created by a company for use only by that company in house.
2014-08-31 22:17:11 · answer #2 · answered by Patryk 3 · 1⤊ 0⤋
proprietary is the "oem"(original equipment manufacturer)
ie: ford, chevrolet
private label is the company contracted to produce the same parts as spec'd by the "oem".
ie: ford-motorcraft, chevrolet-ac delco
this is my best effort to explain hope it helps
2006-07-25 23:48:38 · answer #3 · answered by gonzotis 4 · 0⤊ 0⤋
the label, some are made in the same factory.
2006-07-25 23:47:08 · answer #4 · answered by mominshoe 5 · 0⤊ 0⤋