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Q: What is the Role of a large company within the construction industry?
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What is the fabricated plate work industry?

The fabricated plate work industry is comprised of large and small manufacturing facilities.


Why iron and steel industry called heavy industry?

The iron and steel Industry is the basic industry because: i. All the other industries - heavy, medium and light, depend on it for their machinery. ii. Steel is needed to manufacture a variety of engineering goods, construction material, defence, medical, telephonic, scientific equipment and a variety of consumer goods. iii. Iron and steel is a heavy industry because all the raw materials as well as finished goods are heavy and bulky. It involves heavy transportation costs.


What are the characteristics of a manufacturing industry?

The manufacturing industry usually uses large factories and a large work force. Factories are often loud and many operate 24 hours a day. Workers work 8-hour shifts, so there are three shifts per day.


What are the Advantages of large scale industry?

Firstly, there is greater scope for specialization in a large industry than in a small industry. Specialized personnel contribute to the quality and quantity of output. Any job is divided into several parts, each handled by a person who has specialized in it. By doing it repeatedly he attains proficiency and greater degree of skill. In a small industry this is not possible. A job cannot be divided into parts because of the number of persons employed is limited and the capital invested is small.Secondly, in a large industry there is greater scope for specialized machinery. For example, where alpines are manufactured in a large industry, there are, several machines which do different types of jobs before a complete alpine is turned out. In a small industry a single machine is enough to turn out complete alpines. But the alpines manufactured through the process indicated in respect of large industry are definitely of superior quality.Thirdly, a large industry can afford to have its own repair department and thus save costs. In a small industry if the machine fails or any part of it goes out of order for some reason, the proprietor has to send it to a repairing workshop which may be situated far away from the factory. Taking machine to the repairing workshop and then to bring it back involve wastage of much time, energy and money. This adds to the cost of the articles manufactured. In a large industry much time, energy and money can be saved by maintaining a repairing department in the premises of the industry itselfFourthly, a large industry enjoys the commercial advantage of buying and selling. Raw material is bought in large quantities for which advance contracts can be made. For the purpose of sale of manufactured articles agencies can be opened at different places in the country, and if possible, abroad.Fifthly, a large industry is capable of standing adverse times. A good industrialist can foresee impending adverse times and can make arrangements in advance to face them. Raw material can be stored in large quantities if there is anticipated a possibility of its shortage in near future. The risk bearing capacity of the industrialist being greater, the manufactured articles can be stored if demand for them goes down and then gradually released manipulating the demand itself. All this is not possible in a small industry.Firstly, there is greater scope for specialization in a large industry than in a small industry. Specialized personnel contribute to the quality and quantity of output. Any job is divided into several parts, each handled by a person who has specialized in it. By doing it repeatedly he attains proficiency and greater degree of skill. In a small industry this is not possible. A job cannot be divided into parts because of the number of persons employed is limited and the capital invested is small.Secondly, in a large industry there is greater scope for specialized machinery. For example, where alpines are manufactured in a large industry, there are, several machines which do different types of jobs before a complete alpine is turned out. In a small industry a single machine is enough to turn out complete alpines. But the alpines manufactured through the process indicated in respect of large industry are definitely of superior quality.Thirdly, a large industry can afford to have its own repair department and thus save costs. In a small industry if the machine fails or any part of it goes out of order for some reason, the proprietor has to send it to a repairing workshop which may be situated far away from the factory. Taking machine to the repairing workshop and then to bring it back involve wastage of much time, energy and money. This adds to the cost of the articles manufactured. In a large industry much time, energy and money can be saved by maintaining a repairing department in the premises of the industry itselfFourthly, a large industry enjoys the commercial advantage of buying and selling. Raw material is bought in large quantities for which advance contracts can be made. For the purpose of sale of manufactured articles agencies can be opened at different places in the country, and if possible, abroad.Fifthly, a large industry is capable of standing adverse times. A good industrialist can foresee impending adverse times and can make arrangements in advance to face them. Raw material can be stored in large quantities if there is anticipated a possibility of its shortage in near future. The risk bearing capacity of the industrialist being greater, the manufactured articles can be stored if demand for them goes down and then gradually released manipulating the demand itself. All this is not possible in a small industry.


How did the industry change the world?

If you think about it for a minute. With this large number of population growth without industry we would not be able to produce enough food and clothing. Not to mention transportation. So industry has played a mayor roll in changing quality of life.

Related questions

How does the construction industry contribute towards carbon dioxide emission?

The construction industry uses large quantities of concrete, which is manufactured from cement. Cement manufacture is a significant source of carbon dioxide emissions.


What is the name of a large company in the pickle packing industry?

HEINZ


What kind of companies make up the logging industry?

Companies can be run by different types of firms and individuals, but they can also be integrated with other operations within a single, large company.


What does the company Hub Construction Supplies sell?

Hub Construction sells tools and supplies to contractors. They are the best company in California and stock a very large and extensive range of products.


Where can one find listings for quantity surveying jobs?

Listings for quantity surveying jobs could be found within a large construction company, or on an online job listing site such as monster or careerbuilder.


Should I use a handiman or a construction company in repairing an old home?

I have a very old home that is in dire need of repair. Should I consider using a handman or go with a large construction company?


Who owns the yacht Pegasus?

Ron Tutor from California. Head of a large construction and engineering company.


What industry is the Amoco company associated with?

The Amoco company is usually associated with the oil industry. Amoco is a large oil company, with workers all over the world. They are one of the leading oil companies in the world.


What types of industry would require keyword services?

Any small or large company (no matter the industry) should require keyword services if the company wants to utilize strategic internet marketing. For example, one company, Veritcal Marketing, provides services for companies like Cisco (networking industry), Vacation Pass (tourism industry), and Autohaus (automotive industry).


What is a transport coordinator best answar?

Hi A transport coordinator is the head of a transport department and is responsible for obtaining and managing all vehicles within the company or companies. Coordinator Skills: A commercial licence and experience of driving large trucks. This can be an interesting job within the film industry.


What job is one that is well known in the company and industry and is performed by a large number of employees?

Benchmark Job


Expeditor is a position found in what sectors?

Expeditor is a position that is mostly found in the construction industry where large structures are erected and supervised workers are controlled by the expeditor.