Any business must strive to optimize profits and this goal implies that the "supplier/producer has an economic fight at hand"

Date Submitted: 08/11/2003 15:58:51
Category: / Business & Economy
Length: 8 pages (2140 words)
Any business must strive to optimize profits and this goal implies that the "supplier/producer has an economic fight at hand" Introduction Optimum or optimize: Most favorable conditions for growth, reproduction. Best or most favorable. (1998: Oxford dictionary) How can a business optimize its profits? The supplier constantly faces the challenge of delivering products to fulfill a demand and not to saturate the market. This paper will use the building blocks of a business plan to …
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