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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

Define capacity. Why is it important for a manufacturing business or a service business?

Summary Introduction

To determine: Defining capacity and the importance of manufacturing business or a service business.

Introduction: A service business is an undertaking made out of an expert or group of specialists that convey work or help in finishing a task for the advantage of its clients.

Explanation

Capacity: It is the measure of goods or services that a business can create in a given timeframe.

The importances of manufacturing business or a service business are as follows:

If the office is constructed w...

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