plant

Definition

A building capable of manufacturing goods of all sizes in large quantities to be sold by a business. Plants can be considered either a long term asset if owned by the firm, or both a long term liability if leased or rented.

Business Tips

What are your weaknesses?

You may know how to design a widget, but not know a thing about running an efficient manufacturing plant. Apple designs and markets its nifty iPods and iPhones, but lets someone else slap them togethe ... Read more

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