2006-11-11 06:08:54 · 5 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Industry - abstract entity; area/domain of a particular kind of business
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
2006-11-11 06:31:47 · answer #1 · answered by Anonymous · 0⤊ 0⤋
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. Whiel Tata Motors is a unit of Automobile Industry. It may have its factory in Pune and Aurangabad. and TELCO is the company running those factories
Banking is an Industry. HDFC or Cosmos Banks are individual banks operating within Banking Industries. The ownership of the Banks is vested with the respective Companies.
2006-11-12 21:26:42 · answer #2 · answered by concerned citizen 2 · 0⤊ 0⤋
a company is a notional or legal entity- it is basically an organization that undertakes a business activity or something. an industry also refers to a notional grouping of 'types' of businesses. so in an industry, you are essentially grouping a bunch of companies that meet a certain criteria. a factory is a physical structure that MANUFACTURES a product. it is NOT an OFFICE, which provides a service.
2016-05-22 05:31:50 · answer #3 · answered by Anonymous · 0⤊ 0⤋
in an industry regested a company and it had a factory
2006-11-11 11:45:04 · answer #4 · answered by keral 6 · 0⤊ 0⤋
banking industry
film industry
rubber factory
chocolate factory
insurence company
east india company
2006-11-11 07:24:13 · answer #5 · answered by The Prince of Egypt 5 · 0⤊ 0⤋