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If the business is of manufacturing based, then production is the key factor circling which the other activities rotate. Keeping the production cost most competitive vis a vis maintaining quality of the product during production stage are of paramount important in the said business.
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What factors influence the types of production a business should use?
the factors that influence the types of production a business should use are:-the size of the market,the type of production demanded,technological aspects of the product that is demanded andis it able to be produced by using the flow production method.
Who own the factor of production?
Business firms own the factors of production.
Why are factors of production important in business?
Factors of production are important in business because managers can improve their position when they know what contributes to production. The type of machinery used in production is a factor in production.
What factors of production does apple use?
land, enterprise and capital - This 3 is among the basic factors that contribute to production perse - but in case of Apple, they also have a innovative and efficient technology that they use in production factors.
What effect does load shedding have on bakery business?
it can reduce business production -it can decrese income of business -
What factors influence the types of production a business should use?
the factors that influence the types of production a business should use are:-the size of the market,the type of production demanded,technological aspects of the product that is demanded andis it able to be produced by using the flow production method.
What is the importance of production management in business?
we can say production management is the life blood of any business,through the production business can increase its profitability and minimize its cost of production.
What was John D. Rockefeller's business?
Rockefeller was a founder of oil production, use, and sales.
What is equipment in accounting?
Equipment is any tool which business use to earn revenue and use in production of goods to be sold.
What was the Production Budget for The Business of Strangers?
The Production Budget for The Business of Strangers was $6,000,000.
Where can you use video production?
Video production is very useful especially for those who own a business..!!It helps in promoting their business and products..You can also make a Employee Training Videos and a Photo Montage..video production
Who own the factor of production?
Business firms own the factors of production.
Why would a business be choosen to be tertiary production?
the business will be choosen as a tertiary production because the business is selling the product to consumer
How the production are interrelated in business?
my using business
Why are factors of production important in business?
Factors of production are important in business because managers can improve their position when they know what contributes to production. The type of machinery used in production is a factor in production.
What was the Production Budget for The Business of Fancy Dancing?
The Production Budget for The Business of Fancy Dancing was $200,000.
What is a cute dog production?
it is a production that is not you're business
