Search results
Results from the WOW.Com Content Network
In the context of production, a by-product is the "output from a joint production process that is minor in quantity and/or net realizable value (NRV) when compared with the main products". [2] Because they are deemed to have no influence on reported financial results, by-products do not receive allocations of joint costs.
Andrew Sherratt's model of a secondary products revolution involved a widespread and broadly contemporaneous set of innovations in Old World farming.The use of domestic animals for primary carcass products was broadened from the 4th–3rd millennia BCE (c. Middle Chalcolithic) to include exploitation for renewable 'secondary' products: milk, wool, traction (the use of animals to drag ploughs ...
In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction .
Secondary: involves the transformation of raw or intermediate materials into goods, as in steel into cars, or textiles into clothing. Builders and dressmakers work in the secondary sector. Tertiary: involves the supplying of services to consumers and businesses, such as babysitting, cinemas or banking. Shopkeepers and accountants work in the ...
Plants are capable of producing and synthesizing diverse groups of organic compounds and are divided into two major groups: primary and secondary metabolites. [9] Secondary metabolites are metabolic intermediates or products which are not essential to growth and life of the producing plants but rather required for interaction of plants with their environment and produced in response to stress.
Baking bread is an example of secondary food processing. Secondary food processing is the everyday process of creating food from ingredients that are ready to use. Baking bread, regardless of whether it is made at home, in a small bakery, or in a large factory, is an example of secondary food processing. [2]
Secondary packaging is the outer wrapping of one or several cosmetic containers. An important difference between primary and secondary packaging is that any information that is necessary to clarify the safety of the product must appear on the primary package. Otherwise, much of the required information can appear on just the secondary packaging.
The attach rate is a concept used broadly in business, especially in marketing, to represent the number of units of a secondary product/service sold as a direct or implied consequence of the sale of a primary product/service. It is often expressed as a sales ratio of primary to secondary units, or as secondary units sold as a percent of primary.