Question: In 500 words , Discuss the three basic functions of a firm. Why do all three exist for every enterprise, regardless of whether the product

In 500 words,

  • Discuss the three basic functions of a firm. Why do all three exist for every enterprise, regardless of whether the product is for goods or services?
  • Consider the example of an auto repair shop. What might be the mission and strategy of this company? If you do not have a car, think of a local repair shop and use it for your discussion. You may choose to indicate the brand, if pertinent. Do not identify the company by name. Refer to the question in the text to complete the required discussion points.

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