the main difference between surplus and subsistance production are:-subsistance production you only produce or generate enough goods or services for your coutry an with surplusproduction you have sufficient amount of goods for your country an for trading
Economic profits are not costs of production since the entrepreneur does not require the gaining of an economic profit to keep the firm operating. In economics, costs are whatever is required to keep a firm operating.
yield is per area, production is total (at least according to FAO)
true
Out sourcing is a media between consumers, customers and production unit. Globalization is liberalizing marketing/trade between number of countries.
False. A change in inventories is the difference between the ending inventory and the beginning inventory, not production minus sales.
The production era was a time of mass production of products for sale. The sales era was the buying of products. The difference between the two was the economics of each era.
The primary difference between line function and staff function is accountability. Line functions are typically used for sales and production, while staff functions are used in production planning and marketing.
A forecast of Sales is calculating the amount of items you expect to sell over a certain period, whereas a Production forecast is calculating the amount of items you expect to produce over a certain period.
difference between sales objectives and commuicatio objectives?
what is sales forecast
The difference between a sales executive and sales officer will depend upon the company. Most times, a sales executive will have a higher position than a sales officer.
boobs
the difference between production management and operation management?
Difference between revenue from sales and cost of goods sold is called "Gross profit".
no difference
Sales price is the price at which unit of product is sold while variable cost is that cost of unit which in manfuacturing process varies with change in level of production directly.