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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)
Views: 133132

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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…South Africa, 2.<Tab/>BREVIS, T, VRBA M J, DE KLERK A. 1997. Management Principles. South Africa. 3.<Tab/>KREITNER R, KINICKI A. 2001. Organizational Behaviour. New York. 4.<Tab/>Lussier. R.N. 1999. Human Relations in Organizations. Application and Skill Building. Fourth Edition. USA:McGraw-hill. 5.<Tab/>Roesch J. 2001. Business plans - Starting your own business. [Web:] http://www.bplans.com [Date of access: 12 August 2002]

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