Everyone who works for Portakabin is encouraged to suggest ways of improving production. New ideas bubble up from employees at every stage. For example, an employee in stores may have a good idea about how to manage stock more effectively, therefore, everyone is working to improve quality and give better value to customers.
Value added to resources that already exist.
Efficient.
The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.
The problems of scarcity and allocation of resources are addressed by production for use or need rather than productio for profit.
In a free market where the demand and supply of resources as return to factors are determined by market forces to determine the resource allocation usually owned by private Enterprise through price mechanism, although government control to some extent also determines the allocation of resources for auxiliary or subordinate production of goods and services in a mixed economic system by planning in the production possibilities by the scarce resource allocation .
Resources given to the earth to supply production
Value added to resources that already exist.
Efficient.
Efficient.
The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.
Efficient.
The problems of scarcity and allocation of resources are addressed by production for use or need rather than productio for profit.
a) Identify and describe FIVE characteristics of an efficient database
nonrenewable resources
Describe the development of various energy resources in the Philippines?
Describe the development of various energy resources in the philippines?
In a free market where the demand and supply of resources as return to factors are determined by market forces to determine the resource allocation usually owned by private Enterprise through price mechanism, although government control to some extent also determines the allocation of resources for auxiliary or subordinate production of goods and services in a mixed economic system by planning in the production possibilities by the scarce resource allocation .