what is the difference between industrial and commercial?
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“Industrial” refers to any business dealing with manufacturing goods. “Commercial” refers to any business done with the sole motive of gaining a profit. Furthermore, the Oxford dictionary says that industrial is “designed or suitable for use in industry” and that commercial is “concerned or engaged in commerce”.
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Again, the main difference is actually the property that they specialize in. Residential real estate agents deal with residential properties. On the other hand, a commercial real estate agent is qualified to deal with both residential and commercial properties.
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Commercial real estate refers to buildings or land intended to generate profit; industrial and retail are simply sub-categories of commercial real estate. Firstly an industrial property is defined as a property used for the actual manufacturing of something, and can be considered either a factory or plant.
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Difference between commercial value and economic value. Commercial Value implies the value of a product when it is offered for sale in the market. ... On the other hand, economic value implies the cost of getting (or consuming) more of one good in terms of sacrificing benefits of another goods.
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As adjectives the difference between industrious and industrial. is that industrious is hard-working and persistent; worksome while industrial is of or relating to industry, notably manufacturing.
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Investment Banking vs. The main difference between investment banking and commercial banking is that investment banking typically deals with purchasing and selling bonds and stocks for companies, and also helping them issue IPOs, while commercial banks primarily deal with deposits or loans for companies or individuals.
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Both involve manual labor to product something for commercial purposes. Construction generally refers to the creation of physical structures such as buildings, bridges or roadways. Manufacturing typically refers to the production of finished goods sold to distributors, retailers or consumers.
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Factory vs Industry A factory is a manufacturing plant. Industry refers to the production of a material or service within an economy.
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Generally, industrial engineering combines business with engineering principles to improve profitability, while mechanical engineering focuses more closely on designing and building mechanical devices that solve problems.
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What is the difference between production management and industrial engineering? ... Production management is a very small subset of the typical Industrial Engineering curriculum. Industrial Engineering prepares one to work in some capacity in practically any field of technology, including other engineering positions.
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The practice areas within corporate are closely linked and their work relates to the lifecycle of companies, as well as mergers & acquisitions. Commercial includes a broader range of practice areas such as franchising, intellectual property and sometimes litigation.
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What explains the difference between retail and commercial banking? Retail banks loan money to small businesses, while commercial banks loan money to large corporations.
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Industrial hygienists use rigorous scientific methodology to identify potential hazards and evaluate the level or risk and exposure. Industrial safety, on the other hand, refers to the policies and plans that organizations put in place to meet the challenges identified by industrial hygienists.
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A commercial electrician typically works in commercial buildings, like retail stores and restaurants ensuring that the wiring and electrical components are operating safely and efficiently. ... Industrial electricians maintain a more extensive range of electrical systems, from micro-currents to high voltage components.
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Retail vs. ... You see, commercial is when you sell a product through another store, and retail is when you sell your product directly to your buyer. The bad side to commercial is that you will probably need to sell your merchandise for less money, so the store can make a profit.
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7. Differentiate between domestic waste water and industrial waste water. Domestic waste water: Domestic waste water is that which is discharged from residential or commercial establishments. ... Industrial waste water: Industrial waste water is that which is discharged from manufacturing plants.
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Other Differences Between Ethernet and Industrial Ethernet Office Ethernet is designed for a base level of use, while industrial Ethernet can be considered for multiple levels and applied to more heavy duty environments. ... Light duty industry cables may have a higher quality of jacketing than regular Ethernet cables.