Author:
Evaluation:
Published: 25.06.2014.
Language: English
Level: College/University
Literature: n/a
References: Not used
  • Essays 'How Entrepreneurs Optimize Costs of Production?', 1.
  • Essays 'How Entrepreneurs Optimize Costs of Production?', 2.
Extract

So which could be the best way? There is again two stories. If the company is so huge that they couldn't use anymore maxinization process, just becouse they did it some years ago and they don't have any chance to maximize something then they have to choose minimization option. But if the company has just at the begining and there is a lot of options for future, than in all cases the first option would be maximization.…

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