2007-11-27 01:21:37 · 6 answers · asked by Chasity T 1 in Social Science ➔ Economics
(1) Target is to be achieved (2) Profit is a matter of choice, which depends on market conditions and company's financial position. (3) In loss company can't run for long time.
2007-11-27 01:30:08 · answer #1 · answered by deepak57 7 · 0⤊ 0⤋
Since you didn't specify a size I'll go with mid to small.
Your company must buy goods to create a product and sell,
or you will provide a service.
If you create a product:
You'll have to decide if the goods you buy are cheapest or best for the environment.
You'll have to decide the cheapest method of making your product that the buyer will accept.
for either:
You'll have to balance the cost of employee benefits, like health care and retirement funds, with profit.
You'll have to decide the location of your business. That will
depend on what service or product you provide, and what the
cost is of doing business in that location.
2007-11-27 01:37:17 · answer #2 · answered by Larry W 5 · 0⤊ 0⤋
To outsource or not to outsource? THAT is the question. Well... not every firm... but the big ones.
2007-11-27 01:24:41 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Fixed and variable costs.
2007-11-27 01:24:22 · answer #4 · answered by DR W 7 · 0⤊ 0⤋
overhead costs
2007-11-27 01:23:31 · answer #5 · answered by sahel578 5 · 0⤊ 0⤋
Make it or go bust.
2007-11-27 01:29:18 · answer #6 · answered by Bert B 3 · 0⤊ 0⤋