They are transnational companies.
multinational corporations
Capital Goods.
Manufacturing
correct answer is Factors of production
Cost
multinational corporations
Capital Goods.
factors of production
Manufacturing
correct answer is Factors of production
Cost
Production of goods is important for services and companies because companies must produce in mass what goods or services consumers will purchase. If customers do not wish to purchase a certain good or service, then it could cost a company mass amounts of money if they have produced it.
Overproduction
Expensive
The system of producing goods and services is called an economy. This system uses humans to produce and sell the goods. When the people have no say in what will be produced or how, this is called a command economy.
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?