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for setting up a business industry it is important to study some of the aspects such as closeness to market, availability of raw materials ,transportation services ets to reduce the cost of production so as to set a good selling price and be in the competition with other industrial units
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What does on-the-margin mean?
On the margin means looking at the next unit of something. For example, when considering business decisions, you might consider the marginal cost of an additional unit of production, or the marginal revenue. (Rather than the average revenue, for instance.)
Customary unit of weight abbreviated pound?
The abbreviation lb means pounds.
What four advantages did corporations have over small business?
Raw material discountsReduction of unit costSpecialistsBetter production methods(OW)
What is the difference between cost centre and cost unit?
cost centre is a production or service location, function, activity or item of equipment for which costs are accumulated(i.e stores,canteen, farm, personnel) cost unit is a unit of product or service in relation to which costs are ascertained(i.e typewriter,thousand of washers)
What is a business firm's marginal cost?
Marginal cost, which is the cost of producing one more unit of output, helps determine the level at which profits will be maximized.
What is statrategic business unit?
Strategic business unit means the core group of the business which takes care of the actual work content of the whole business. it acts as a back bone for the firm to lead the operations.
What does par location mean?
A Par Location is an acronym for Periodic Automatic Replenishment. It is an inventory unit for a business, usually a stocked area where items are picked and used for daily business. Hospitals use these a lot. They are replenished by means of a minimum and maximum quantity setup and usually the ERP system that is used by the organization triggers reorders based on those quantities. Items are then received into the locations to replenish them.
What is a business unit?
A business unit is a portion of a business that works together to meet a specific objective. A business unit can perform well, while the organization can perform poorly.
Define a small business unit?
A small business unit is a segment of a firm with a specific business function.
What is Macintosh Business Unit's population?
The population of Macintosh Business Unit is 180.
What is the population of Macintosh Business Unit?
The population of Macintosh Business Unit is 2,008.
When was Macintosh Business Unit created?
Macintosh Business Unit was created on 1997-01-07.
Location oil level sending unit 6.6 duramax?
location of oil level sending unit 6.6 disel
Is 40 mile radius the same as 40 miles?
No, 40 mile radius is an area unit whereas 40 mile is distance. This means that something 30 miles from a location can be said to be in a 40 mile radius from that location.
What are the main reasons of sick unit?
A sick unit means the expected flow of return from the investment is not proper. It may lead to 1.non frofitable business 2. Expenses as campared to the investment is more 3. the man power working with the unit is demotivated
What is a SBU?
SBU stands for Strategic Business Unit, which is an independent unit within a larger company with its own business strategy and objectives.
What does a unit mean in college?
A unit usually means one credit A unit usually means a college credit
