05-28-2007, 04:29 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by CBPian</i>
<br />A key different between a manufacturing and trading concern is value-addition. If no value addition is done, it is a trading concern regardless of what it claims to be.
In your example, there seems to be value addition e.g. packaging and b*****ng. There might be R&D involved as well in the shape of design and/or formulae / blue prints etc.
A good example is Apple's iPod. If Apple's iPod division was a separate entity, it would have been a manufacturing concern regardless of the fact that iPods are mostly made in China and Malaysia by contractors.
.. The reason being the R&D , b*****ng, packaging and marketing effort which has made it a unique product.
....my two cents[8D][8D]
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Can the admin turn off the filter which has eaten my legit word b-r-a-n-d-i-n-g.
Hopefully all of us who are either qualified accountants or accountancy students are beyond this nonsense. [D][D][D]
<br />A key different between a manufacturing and trading concern is value-addition. If no value addition is done, it is a trading concern regardless of what it claims to be.
In your example, there seems to be value addition e.g. packaging and b*****ng. There might be R&D involved as well in the shape of design and/or formulae / blue prints etc.
A good example is Apple's iPod. If Apple's iPod division was a separate entity, it would have been a manufacturing concern regardless of the fact that iPods are mostly made in China and Malaysia by contractors.
.. The reason being the R&D , b*****ng, packaging and marketing effort which has made it a unique product.
....my two cents[8D][8D]
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Can the admin turn off the filter which has eaten my legit word b-r-a-n-d-i-n-g.
Hopefully all of us who are either qualified accountants or accountancy students are beyond this nonsense. [D][D][D]