Fruits and vegetables are prime examples of homogeneous substances: many suppliers offer fruits and vegetables for sale, but regardless of company, all brands offer the same end product. Most homogeneous products are very similar in physical composition, as well as quality, and the only real difference between the various manufacturer's products is price. In addition to produce, other types of homogeneous products are cosmetic items such as cotton balls and cotton swabs.
In contrast to homogeneous products, heterogeneous products are items that cannot be easily substituted or replaced by others. Heterogeneous products have distinct features that make them unique to certain brands and suppliers. These items might vary in physical appearance, as well as quality and price. Heterogeneous products are often designed to attract different segments of the population, and cater to people of varying geographical locations and socioeconomic status. Books and magazines are examples of heterogeneous products, as are electronic goods, such as computers and cell phones.Learn More
The term "approval in principle" is a real estate term used when a lender pre-approves a borrower assuming that the borrower meets certain requirements, according to the lender Tesco Bank. When borrowers are approved in principle, they must still submit information to the lender to receive a firm approval.Full Answer >
Not all workers in the United States are required to follow the guidelines set by the Occupational Safety and Health Administration or OSHA. There are many restrictions in place for certain industries and small businesses.Full Answer >
Toll manufacturing occurs when one company processes goods or raw materials on behalf of another company through an agreement, according to BusinessDictionary. Toll manufacturing is also known as toll processing.Full Answer >
A Doing Business As or DBA certificate is more commonly called an Assumed Name Certificate in Texas. Obtaining one involves choosing an appropriate name for the business, then filing the certificate with the appropriate authority.Full Answer >