Business, 24.02.2021 14:00, wolfiewolffromsketch
Provide an example of a process of producing a good or service and analyze the production process into the necessary elements of production.
Your answer should be as in the following example.
Solved Example:
The paper production plant purchases paper pulp made of natural cellulose, then processes this natural material using machines, and workers package and transport the products.
What are the inputs in the above example
1) Earth Element: Natural Cellulose.
2) Labor component: packing and transport workers.
3)The capital component: machinery and transport vehicles.
4)The Organizational Element: The human effort to manage the production process and bear its risks.
Answers: 1
Business, 22.06.2019 19:00, princessbri02
In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of:
Answers: 1
Business, 22.06.2019 19:30, alejandra340
Adisadvantage of corporations is that shareholders have to pay on profits.
Answers: 1
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