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How does the way a marketplace allocates the labor factor of production affect the way a business might be organized?
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∙ 10y ago
do you go to Le Cordon Bleu? This question was for a discution forum
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∙ 10y ago
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Which family of Florence organized a banking business?
Medici is the family of Florence
What Are The Government Grants And Contributions?
Government grants and contributions within the business marketplace are government funding help to businesses to support specific business and industrial policy objectives.
What did the Taft-Hartley Act contain?
limitations on both business and organized labor
When Business messages should be organized based on?
a prediction of the reciever main idea
How are business letters organized?
Date, salutation, body, closing, signature, enclosures
Does business control variety in the marketplace?
Does Business control variety in the marketplace?,
Distinguish between production and operation management?
Production management is an organized function within a business that deals with planning, forecasting and production or marketing of a product at all stages of its lifestyle. Operation management is concerned with overseeing, designing and controlling production and business operations during the production of goods or services.
What is allocates resources?
Resource allocation is the process and decision of allocating money to a specific project or business unit.
What do free entry and exit?
Free entry and exit are terms which are used by economists and refer to the marketplace, or economy. These terms relate to how companies conduct business, by increasing or decreasing production as the market demands.
What does the term Comparative Advantage mean in Commerce?
In trade and commerce, the marketplace allows producers to take advantage of their costs of production. Each business can specialize in the production of a product in which they have the opportunity to have a lower cost of production. With that comes the comparative advantage. This increases total production and makes the economy larger. With this all companies have the chance to benefit. The additional production generated by specialization is the gain from free trade.
What free entry and exit refer do?
Free entry and exit are terms which are used by economists and refer to the marketplace, or economy. These terms relate to how companies conduct business, by increasing or decreasing production as the market demands.
What do free entry and exit refer to?
Free entry and exit are terms which are used by economists and refer to the marketplace, or economy. These terms relate to how companies conduct business, by increasing or decreasing production as the market demands.
What is the importance of production management in business?
we can say production management is the life blood of any business,through the production business can increase its profitability and minimize its cost of production.
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What is an advantage of owning your own business?
You can respond quickly to changes in the marketplace
What was the Production Budget for The Business of Strangers?
The Production Budget for The Business of Strangers was $6,000,000.
Who own the factor of production?
Business firms own the factors of production.
