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Oreo- Factor of Production

Nico Subotich

http://mentalfloss.com/article/87385/enduring-mystery-oreo-cookie-design

https://www.biguniverse.com/library/books/sam-j-porcello-oreo-innovator

Factors of Production

TOPIC 1

There are four factors of production. The four factors are land, labor, capital resources, and entrepreneurship.

Four Factors

Four Factors

  • Land: Natural resources used in the making of goods and services.
  • Labor: The commitment towards a task of which they're paid.
  • Capital Resources: There's human capital which is the skills, knowledge, and experience used for making goods and services. There's also physical capital, which is used to create goods and services.
  • Entrepreneurship: The leader who uses land, labor, and capital resources to create goods and services.

Picture

Production

Phase 1- Production

The Oreo was originally made in Manhattan. There are different stories of how the Oreo cookie came to be. Some people believe that its name is from the french word for gold, but others think the name is in greek for a mountain. Then, to help the business grow, they created an advertisement

Land

One natural resource used in making the Oreo cookie is flour. Flour is a ground powder prepared from grain. Another resource is cocoa. Cocoa is used to make the chocolate flavor. The next resource is sugar, which is used to make the whole cookie.

Labor

The labor used in the production of the Oreo cookie is the group of people that make the cookie, the farmers processing the cocoa beans, and the team providing the sugar.

Capital

One example of capital is the idea thought out on how to make the Oreo cookie. Another, is the form of transportation used to get the cookie out in stores. One other example is the machine used to blend ingredients.

Packaging

Phase 2- Packaging

Oreo cookies come in blue dark blue plastic with a picture of the cookie on it. Depending on the type of Oreo cookie, the package would be different.

Land

The packaging uses plastic, which is made from coal, gas, oil, plants, and minerals. Another resource that has to be used is the light to produce the color of the plastic. It also requires factories that use energy.

Labor

Labor put into the packaging is the designing of the wrapper, the people preparing the Oreo to be wrapped, and the group that supervises to make sure it's correctly done.

Capital

Many examples of capital are included the packaging. One example is the computer used to make the design wanted for the wrapper. Another is the machinery used to wrap the candy. There's also the printer used to print the wrapper.

Distribution

Phase 3- Distribution

After the packaging is finished, the packaging is next. The cookies are distributed throughout different locations. They're in different stores and are purchased often. Many people enjoy the dessert.

Land

One resource is the plastic used to pack in the cookies inside the box. Then, the cardboard for the boxes that hold them. Another resource is the fuel to power the transportation that gets the cookies to different places.

Labor

The labor put into distributing the product is the driver that transports the cookies. There's also the people that advertise the product. Another is the group that stocks the product.

Capital

An example of capital is the electronic energy used for the advertising. Another example is the vehicle used to transport the product. The other one is the thought out plans on how to get the candy to the place it needs to be.

Customer Satisfaction

Phase 4- Customer Satisfaction

The business of Oreo production has been around for years. The customers enjoy this product. The opinions of the customers are important because it needs to be known if they are satisfied.

Entrepreneurship

Entrepreneurship

Sam J. Porcello invented the Oreo cookie. He was born May 23, 1935. He worked at Nabisco for 34 years. He developed many new flavors for Oreo cookies. Nabisco and Cadbury are the two companies of the Oreo cookies.

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