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Question
Name the factors which affect the operational plan.
Solution
Operation plan is affected by :
(а) Nature of venture
(b) Type of product/service
(c) Scale of operation, and
(d) Technology involved
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RELATED QUESTIONS
What is the meaning of shipping in the process of operational plan?
Briefly, explain the objectives of operational plan.
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You are an entrepreneur who is deciding the operational plan for your business.
While deciding the technology to be used, you come across three alternatives:
a) Use a cheaper technology which lets you dispose of the waste water and lets
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b) Use a technology that is a little expensive as it lets you recycle that waste water
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