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In production you cannot possibly be all things to all people. Therefore it is best practice to find the niche' in the market and be exemplary in the production of a small group of products - This make the marking more positive and can IS more profitable than making masses of different products. Added to this is the cost of the training of staff, machinery needed, specialist skills for each product type, maintenance costs and of course space required to undertake the task.
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Why would factory owners want to set up factories in other countries?
To make money or more money.
Why did factory owners in the Industrial Revolution want to hire?
Factory owners in the Industrial Revolution wanted to hire women because they could pay them lower wages than men.
Why did factory owners need capital?
Because 'capital' is the money that can be used to produce more wealth, i.e. profit. The goal of the factory owners in the 19th century was the same as of today's factory owners. They want to become rich, of course. If they have capital, they can invest some part of it to make their business (shop, factory) larger and to make their factories more productive by buying newer and newer machines which produce more products in a shorter period of time. Of course the factory owners have to pay the costs of the production (energy, raw material, shipping expenses, wages for workers, taxes). The remaining amount of money is their profit.
How would i find an owners manual for a 1996 Honda Passport?
i want to print a free owners manual
Why would business owners want to invest in capital goods?
because
Why did some factory owners want to hire women instead of men in the early 1900s?
because some woman needed jobs and the men where fighting in the war
Why did southern plantation owners want slavery to spread?
If slavery spread then they would have a better chance of keeping slavery in the united states. They wanted to keep slavery in the south because they did not have to pay their workers like the factory workers in the North did. "Free" labor.
Would Muslim or Jewish people want to work in a jelly factory?
There is no reason why they wouldn't.
Why is specialization of labor important?
I used this response for economics...... Specialization is important in the operation of a market because everyone wants thing but in the highest quality for they're usage. A person that makes many things would probably get more business but a specialist would get the most sales from that one item that they can make. These specialist will then be able to sell and trade with other people for the things that they want.
Why would you want a PlayStation 3?
Most of the over 50 million owners are happy with the PS3
Which College course will give you the best career opportunities?
Harvard Law School is the obvious answer, but if you want something that is useful, I would recommend electronics with a specialization in RF technology.
Factory Installed GPS or aftermarket?
I would personally choose to purchase a GPS system that is sold individually. This way I can mount it wherever I want and choose the GPS I want. Getting a factory installed GPS does not allow you these options.
