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Production Management in Small Business
A manufacturing unit in Kamataka. The picture shows a person managing the entire work station by adopting modern technology.
“The power that enables the firm to have some influence on price insures that imitators will not pass on the resulting gains to the public before the outlay for development can be recouped. In this way market power protects the incentive to technical development”
—J. K. Galbraith
Learning Objectives
Explain production management in small business enterprise
Discuss the functions of materials management
Understand the various productivity improvement techniques
Learn the ...
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