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What are the factors that determine the types of goods manufactured by firms/companies?

What are the factors that determine the types of goods manufactured by firms/companies?

Answers

Faith
- The company’s level of investment on R&D- If the company has invested heavily , most
likely they can be able to produce high quality goods
- Quality of Human resource- high quality HR means the firm can be able to produce high
quality goods
- Capital outlay- high capital investment means the company can be able to produce high
quality goods
- Quality of raw Materials- high quality raw materials used means high quality goods and
services
Titany answered the question on November 12, 2021 at 08:52

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