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Business strategy
How cost of production affects business establishment.
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[QUOTE="Etini, post: 344803, member: 90141"] The cost of production affects businesses in a number of ways and one of such ways is that it would affect the pricing of it's products and that has a direct effect on how customers would patronize the products of the businesss. That's why businesses have to seek out ways to reasonably reduce their costs of production. Explore alternative production paths, reduce redundancy in production processes and source for raw materials locally or within close proximity to reduce your cost of production and be more profitable. [/QUOTE]
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