ENTREPRENEURSHIP

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INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This section goes beyond the manufacturing process (when the new venture involved manufacturing) and describes the flow of goods and services from production to the customer. A non-manufacturer such as retailer or service provider would also need this section in the business plan to explain the chronological steps in completing a business transaction
A
Operations Outline
B
Operations Plan
C
Operations Idea
D
Operations Subject
Explanation: 

Detailed explanation-1: -Make to stock (MTS) is a traditional production strategy that is used by businesses to match inventory with anticipated consumer demand.

Detailed explanation-2: -The correct answer to the given question is option B) logistics.

Detailed explanation-3: -Integration, operations, purchasing and distribution are the four elements of the supply chain that work together to establish a path to competition that is both cost-effective and competitive.

Detailed explanation-4: -Understand your market. Export high-quality products that meet the needs. Adapt your products and services to the foreign markets. Increase manufacturing productivity with the right tools and systems. Get the logistics down. Invest capital for better sales. Foreign currency. Follow legal norm. More items •25-Feb-2023

There is 1 question to complete.
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