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How is production budget determined?
A production budget determines the cost of producing the calculated volume of saleble products. The production plan is computed in terms of the number of units to be produced within each era, as a month. As far as probable, the production must be planned at a relatively even rate, even if the sales budget shows a high seasonal sales forecast.
What are the methods of work force in the training and education? Work Force: At this level the workers are to be familiarised with the job, with the organisation and are
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Ideas for new products can be obtained from customers (employing user innovation), the company's R&D department, competitors, focus groups, employees, salespeople, corporate spys,
It is known as Balance of payments - an economic term. (BOP) calculates the payments that flow among any individual country and all other countries. It is used to summarize all int
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What are the reasonable limits on loyalty to one''s employer?
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