Peterson and Plowman | Management, Isoquant : Meaning, Definition


{tocify} {$title=Table of Contents}



Management 

“Management may be defined as the process by means of which the purpose and objectives of a particular human group are determined, clarified and effectuated.’’

Isoquant 

“An isoquant curve may be defined as a curve showing the possible combinations of two variable factors that can be used to produce the same total product”

Leave a Reply

Your email address will not be published. Required fields are marked *