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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.
goods bought after careful consideration, for example, a television set.
continuously liaise with industry to establish what the job market requires from graduates and...
the overall monetary situation including the amount of cash a business has on hand as well as...
is used to pay for the running expenses of the business such as wages, raw materials and rent....
a tax of 14% of the selling price on a wide range of goods and services.