FACTOID # 169: Cuba's per capita imports from the United States are greater than Russia's.
 
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Encyclopedia > Finished good

Look up Finished good in
Wiktionary, the free dictionary.

Finished good is a good that is completed as to manufacturing but not yet sold or distributed to the end-user. Wikipedia does not have an article with this exact name. ... Wiktionary is a Wikimedia Foundation project intended to be a free wiki dictionary (hence: Wiktionary) (including thesaurus and lexicon) in every language. ... A good in economics is any object or service that, upon consumption, increases utility, and therefore can be sold at a price in a market. ... Manufacturing, a branch of industry which accounts for about one-quarter of the worlds economic activity, is the application of tools and a processing medium to the transformation of raw materials into finished goods for sale. ...


[edit] Manufacturing

Main article: Manufacturing

Manufacturing has three classes of inventory: Manufacturing, a branch of industry which accounts for about one-quarter of the worlds economic activity, is the application of tools and a processing medium to the transformation of raw materials into finished goods for sale. ... Manufacturing, a branch of industry which accounts for about one-quarter of the worlds economic activity, is the application of tools and a processing medium to the transformation of raw materials into finished goods for sale. ... In business management, inventory consists of a list of goods and materials held available in stock. ...

  1. Raw material
  2. Work in process
  3. Finished good

A good purchased as a "raw material" goes into the manufacture of a product. A good only partially completed during the manufacturing process is called "work in process". When the good is completed as to manufacturing but not yet sold or distributed to the end-user is called a "finished good". material is the substance or matter from which something is or can be made, or also items needed for doing or creating something. ...


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