Describe three key inputs (or factors of production) and fixed and variable costs involved in the production of your chosen product or service. Analyze the factors that impact your choice of inputs to produce the chosen product or service. Examine the production decisions that you would make based on the analysis of the factors impacting the choice of inputs to produce the chosen product or service.

The product is Organic and Inorganic Ice cream.

It will be sold from a high street location.

The focus is on the wholesale market.

The equipment consists of the following:

Another factor is labour. For a small-sized operation like ours, we don't need more than 3 staff:

The size of labour is small because the company is small and is focused on wholesalers, not retailers. It also makes for good business sense to keep to a very lean Human Resource structure. Effectiveness and efficiency will be optimised with the use of technology.

Our choice to go wholesale stems from the fact that there is a huge gap for unbranded icecream. Because it is cheaper, people don't mind forgoing the big brands for an equally good cup or bucket of ice cream.

Cheers

president obama indicates that there are several reasons for the financial crisis. according to the president, one reason is irresponsible practices by financial institutions. the amount of risk involved in newly created investments was high, and few investors or consumers understood this. these types of investments were made possible due to a lack of regulation within the system.

this is right on edge nuity