Identify the factors of production economic resources, Ask an Expert

Management Studies

Select one of the following businesses: Soft Drink or Laundry detergent: Assume the business operates in market where the nature of competition is described as "monopolistic competition". Identify the factors of production (economic resources including natural, human and financial resources) and for each factor of production given an ex of what might be needed to operate that business; describe how that factor could be used to give the business a competitive advantage.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9114685

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