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Understanding the Market — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipUnderstanding the Market3 Marks
Question
Give the features of manufacturing.
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Answer

Following are the main features of manufacturing:
  1. Engaged in the conversion of raw materials into semi-finished or finished goods.
  2. Creates firm utility in goods produces by either genetic or extractive industries.
  3. Most of the goods which are used by consumers are produced by manufacturing industries.

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