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A business does not function in a vacuum. It has to act and react to what happens outside the factory and office walls. These factors that happen outside the business are known as external factors or influences. These will affect the main internal functions of the business and possibly the objectives of the business and its strategies.
The 3 levels of production where business activity takes place are: 1. Subsistence level 2. Surplus level and 3. Domestic level. The main factors to be taken into account when choosing the location of a factory are: land, labour and capital.
A short run business has more to do with contracts than a length of time. A short run business could be a factory with a limited equipment contract.
A factory is considered capital in the factors of production. Capital is any good that was used to create other goods. Since the factory is not a natural resource it can't be land, since it's not the actual workers within the factory it can't be labor, so it has to be capital.
You made need more capital or money when building a factory on a plantation then what would be needed if you were starting a household business. This happens because on the plantation you would have to build the factory, as well as hiring a bunch of employees. A household business is much smaller.
A business does not function in a vacuum. It has to act and react to what happens outside the factory and office walls. These factors that happen outside the business are known as external factors or influences. These will affect the main internal functions of the business and possibly the objectives of the business and its strategies.
The 3 levels of production where business activity takes place are: 1. Subsistence level 2. Surplus level and 3. Domestic level. The main factors to be taken into account when choosing the location of a factory are: land, labour and capital.
The textile industry was the first fully developed factory. It was developed by Samuel Slater. He developed a mill named Slater mill .
It depends on a lot of factors....do you buy or lease the land, is it a pre-existing building, does the operations of the business work out of the factory, how large of building, of thehow much "automation" will go into the factory and how much does that cost, etc. You can look at it as a large factory where everything is automated, such as a car manufacturing plant or a small factory where they make screws.
ENGLAND
at the digital camera factory!
Investment from factory owners is equity and it is shown in balance sheet of business.
Factory
Burlington Coat Factory does not provide business to business wholesale services to retailers. They do not do this because then they are responsible for these fake products.
you need a person who is factory assistant
the design and where the factory is built development and how to promote it to show it off and how to maintain.
The turban factory