Porters Five Forces

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Mellisa R

 

Date added:

October 4, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 813

 

Was viewed:

5446 times

 

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Essay content:

The main factors of production are capital, labour and land. Capital refers to any manufactures product used by the business to make other products. This category therefore includes all machinery, vehicles and office equipment used in the business. It also includes the companies building. Labour is the human resource used by business organisation during production...
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It refers to the input of physical and mental activity of the employee. Land in the context of this classification is not only the site on which the business is located, but also all the natural resources it might use. So resources consumed by the business, such as coal, gas, oil and water are classified as land...
displayed 300 characters

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