Business future Assignment Example | Topics and Well Written Essays - 2250 words

Business future - Assignment Example These sources are highly reliable since they are published by prominent authors and the government of India hence they satisfy international standards of credibility and relevance. This report can serve as a preliminary reading before one embarks on an intensive research into the car manufacturing industry in India. Manufacturing is the labour-intensive and machine-applying process through which raw materials are converted into finished products on a large scale either for use or for sale (Brown, 2001). Manufacturing also entails the formulation of merchandise through the manipulation of chemical and biological processes. The uses of the output of the manufacturing industry are very diverse. For instance, some of the products from the manufacturing industry can be used for other complex manufacturing processes such as aircraft manufacturing, for sale to wholesalers who then sell to retailers, or direct sale to end consumers (Brown, 2001). In free markets, the manufacturing industry focuses on mass production of good for sale to end-consumers at a profit while in collectivist markets, the manufacturing industry is used to supply the government’s planned economy. In mixed markets, manufacturing is conducted under governmental regulation (Raj put, 2008).   Since the manufacturing industry is one of the most potent wealth generating industry, there have been several variations in this industry depending on the products, machinery, technology and objective (Raj put, 2008).   One of the facets of the manufacturing industry is automobile or car manufacturing sector (Peters, 2011). The car manufacturing is a sub-sector of the manufacturing industry, which houses a wide range of companies with their common activity being the designing, manufacturing, advertising and selling of automobiles (Peters, 2011). It excludes the organizations or companies