- Business Studies
involves the long-term decisions about the selection of the product, location and layout of the factory, and product specifications. Short-term decisions must be made about quality, work study, stocks and production costs and their co-ordination, in order to supply the best quality product to the consumer, at the right price and quantity, at the correct time and place.
the way the business plans to achieve its overall goals and objectives.
measures increases in consumer prices; the production price index (PPI) measures increases in...
detailed descriptions of features in the design of something.