Why is the importance of a production management system exaggerated in the early stages of a new business?

A. The firm has only limited resources and strong time pressures to perform well at the outset.
B. There are a number of suppliers who are ready to supply raw materials for a credit.
C. The firm has to pay very high interest rate to banks and other financial institutions.
D. There are customers who are ready to pay exorbitant price for a newly launched product.


Answer: A

Business

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