हिंदी

Explain the following term/concept: Production Cycle - Secretarial Practice

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प्रश्न

Explain the following term/concept:

Production Cycle

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उत्तर

The process of converting raw material into finished goods is called the production cycle. If the period of the production cycle is longer, then the firm needs more amount of working capital. If the manufacturing cycle is short, it requires less working capital.

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2021-2022 (March) Set 1
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