Place of production vs product
Place of production vs product What did Palmisano, a former CEO of IBM? mean by saying the question no longer is what to product but where to produce it? ? ? ? ? ? ? ? The significance of place of production The intention of creating a new product is making profit from it. At least this is a common goal for most organizations. Well, the quality and quantity of a product are very significant but they are not a guarantee to good sale and consequently desired profit. There are other factors that affect the performance of a certain product in an industry. The place of production as stated by Mr. Palmisano is very influential in determining the performance of a product. This is because it is a central feature in relation to other factors like market and availability of the raw materials. If the place of production APA 204 Words
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