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What is a term for the way a country's people manage money and resources for the production of goods and services?
Wiki User
∙ 8y ago
That is an Economy.
Wiki User
∙ 8y ago
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Is how people or countries manage their resources by producing exchanging and using goods and services.?
I think it would be Productivity if I'm correct!
Production can be defined as an human effort that is used in the creation of goods and services for the satisfaction of human want?
First, I would say it's not only to satisfy human wants, but to satisfy human needs; the kinds of things we specifically need to survive as human beings. I believe production is a human effort, however the production to be accomplished in the most proficient, efficient, and appropriate way is determined by the ability to choose and manage all available resources to include, material, human, financial, and informational resources which also includes issues derived from internal and external environmental factors, that affect the organization in a positive or negative way.
What are the goals of macroeconomics?
to increase the production of the economy and manage them as a whole.
What is the study of how people manage their limited resources to satisfy their wants and needs?
economics
Describe two ways in which lean production at portakabin leads to a more efficient use of resources?
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.
Explain Operations research in production planning and inventory control?
Operations management is an area of business that is concerned with the production of good quality goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. It is the management of resources, the distribution of goods and services to customers.The task of production and operations management is to manage the efforts and activities of people, capital, and equipment resources in changing raw materials into finished goods and services.
How does manpower management help in industries?
Manpower management in industries helps to manage workforce and maintenance. Manpower management plays vital role in management of time with work it enables executive to manage resources to provide quality services and production as per demand.
How do you manage your resources?
how do you manage the resources
What are mnc's?
MNCs are companies that manage production or deliver services in several countries.
Is how people or countries manage their resources by producing exchanging and using goods and services.?
I think it would be Productivity if I'm correct!
Ways to manage resourses?
To manage resources you have to work hard to own resources firstly. Having the right academic credentials will help you manage resources well.
What allows businesses to define manage access and secure network resources including files printers people and application?
Directory Services
What are five function of management?
(1) Manage/Optimise Time; (2) Manage/Optimise Costs and Resources; (3) Manage/Contain Scope and Quality; (4) Manage/Contain Change and Reduce Risks/Capitalise on Opportunities; (5) Deliver the Outputs/Products/Services
Why in production is principal actor is the enrepreneur?
The entrepreneur is the principal actor in production because they are responsible for creating and implementing the production plan. They are the ones who have the vision the knowledge and the resources to move the production forward. They are the ones who hire the personnel purchase the materials and manage the budget. They are also the ones who take the risk of starting the production and have the potential to reap the rewards of a successful venture. The entrepreneur is responsible for creating and implementing the production plan.They have the vision knowledge and resources to move the production forward.They hire personnel purchase materials and manage the budget.They take the risk of starting the production and have the potential to reap the rewards of a successful venture.
How does Canada manage their resources?
What resources, beer and gas
Lisa has just discovered she has diabetes. She goes to her local community health center to look for services and resources to help her learn to live with and manage her diabetes. What services and re?
Lisa is likely to find diabetes support groups and groups educating her on how to eat properly to manage her diabetes.
How does cultural anthropology definition of economic system?
Cultural anthropology defines an economic system as the structures and processes that societies use to manage their resources and distribute goods and services. It examines how different cultures value, produce, and exchange these resources, considering factors like social organization, technology, and beliefs about wealth and value.
