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Major decisions in production are:
1.what to produce?
2.For whom to produce?
3.How to produce it?
4.Where to produce it?
4.When to produce? (dealing wit a service)
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∙ 14y ago
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What decisions affect production efficiency?
All four of the decisions must be made: What goods will be produced?How will production occur?How much should be produced?Who will be the recipients?All are decisions that influence production efficiency.
In a command economy economic decisions are mostly influenced by?
Its the government because its the one that control all means of production.
What decisions about production must be made to allocate resources effectively?
Information is the basic resource from which decisions are made.
A firm is dependent on which of these to help it make decisions about production?
consumer taste
What is a market economy based on?
A market economy is an economy in which decisions regarding investment, production and distribution are based on market determined supply and demand. Prices of goods and services are determined in a free priced system
What decisions affect production efficiency?
All four of the decisions must be made: What goods will be produced?How will production occur?How much should be produced?Who will be the recipients?All are decisions that influence production efficiency.
What is economy command?
Command Economy is all major decisions related to the e production, commodity and service prices are all made by the goverment.
In a command economy economic decisions are mostly influenced by?
Its the government because its the one that control all means of production.
Characteristics of production and operations management decisions?
Making decisions that help make business more efficient are part of production and operations management. Other characteristics include conscientious and tactical decisions.
Who makes the production decisions for the U.S.?
The president (oboma)
What decisions about production must be made to allocate resources effectively?
Information is the basic resource from which decisions are made.
What was the Production Budget for Major League?
The Production Budget for Major League was $11,000,000.
What was the Production Budget for Major Dundee?
The Production Budget for Major Dundee was $3,800,000.
How resource constrain guide you to take major economic decisions?
How resource constrain guide you to take major economic decisions?
What are the bases of production decisions in subsistence economy?
because of the scarcity
A firm is dependent on which of these to help it make decisions about production?
consumer taste
What is an economy in which the government makes the decisions of goods production?
A command economy is one in which the government makes decisions regarding production, consumption, and all other aspects of the economy. It is a primary feature of any communist society.
