Production decisions mainly evolve around preparing input resources to supply output products to meet expected market demand.
Posts published in “BUSINESS MANAGEMENT”
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What is the Balance of Payments? Describe the main components of the UK balance of payments. What is the Current Account? What is visible trade and invisible trade?
Competitive advantage is a critical concept. It is what allows companies to succeed in competitive markets and generate profits for their shareholders.
This article is about protectionism. It explains different methods of protectionism and gives arguments for and against protectionism in a country.
In general, corporate strategy is how the business gets from where it is to where it wants to be in the future. It requires making the key decisions.
This article introduces reasons for international trade and benefits of free trade. It explains the theories of Absolute Advantage and Comparative Advantage.
Financial planning is process of creating a roadmap to your financial goals - understanding current financial situation, setting goals and reaching them.
Sustainability is the ability to meet the needs of the present without compromising the ability of future generations to meet their own needs.
This article describes in details counter unemployment policies as well as evaluates methods that governments can use to combat unemployment.
This article is about costs and benefits of unemployment. Effects, both negative and positive, of unemployment, and natural rate of unemployment.
The role of operations management impacts on all functional areas of a business organization including marketing, Human Resources (HR) and finance.
This article defines unemployment and talks about how to measure unemployment. It analyzes why different types of unemployment exist.
Promotional campaigns must be distinctive to stand out from the competition. What is said in promotion is as important as how it is said.
Without efficient production, producing products will not be successful; customers will not be satisfied; the business will not be sustainable.