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How can increasing competition have a positive impact on the production of a business and acirc and 128 and 153s workforce?
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What is the concept of the production possibilities?
Production possibilities is the extent of production in businesses. Production possibilities can change if resources increase within a business. Increasing labor can also change production possibilities.
Why are companies adopting telecommuting?
global competition, increased productivity, as a recruitment tool, an expanded workforce, staffing flexibility, business continuity if disaster hits, environmental standards, and facility costs.
Is competition unethical?
unethical competition in business?
Why does competition thrive in the business world?
because of competition
What information do you need before you can decide which type of business might be the most successful?
Before I can choose a business, I need to know how much competition there is in my community. For example, if competition for outdoor footwear is high, the coffee shop might be the better choice. I also need to know which business has factors of production that are possible for me to meet. For example, how many employees would I need for each business?
Function of business?
A function of business is to sell consumers goods and services. Another function of business is to promote competition in the workforce.
What is the concept of the production possibilities?
Production possibilities is the extent of production in businesses. Production possibilities can change if resources increase within a business. Increasing labor can also change production possibilities.
What are your present challenge about social business production?
too many competition, and addictive yet envious
Advantages of profit-oriented business?
Advantages of Profit oriented Business is that it can Help in Increasing our countries Growth in a faster manner also it helps in increasing income of peoples working with The Organisation it helps in increasing in purchasing power and consumption, it can Help in increasing production and vise varsa Kishor
What are the business uncertainties?
· Unexpected costs (products, manufactoring, premises) · Face increasing competition from other companies · Suppliers go bust
Why did American want to Americanized immigrants?
Because of business competition
Why are companies adopting telecommuting?
global competition, increased productivity, as a recruitment tool, an expanded workforce, staffing flexibility, business continuity if disaster hits, environmental standards, and facility costs.
When a industry or business has no competition?
A monopoly is an industry or business having no competition.
What is the importance of competition?
Competition in business is important for several reasons. First, competition drives innovation. Second, business competition brings better quality. Finally, business competition keeps price inflation in check.
How can you set your business competitor?
You can sset your business competition by being the best business you can be and just outshine your competition.
What is organizational innovation?
Organizational innovation refers as the implementation of a new strategy by a business. This is usually aimed at maximizing profits by increasing production levels.
Is competition unethical?
unethical competition in business?
