1 Business & its enviroment 0.0 / 5 ? BusinessEnterpriseA2/A-levelCIE Created by: zaynab89Created on: 04-03-19 05:06 the purpose of business activity The transformation process: Input ---output 1 of 5 The transformation process Businesses take inputs & transform them to outputs for consumers 2 of 5 Inputs Land, labour, capital, intellectual capital 3 of 5 Outputs Good or services 4 of 5 Creating value Value is created when outputs are produced that are more than the inputs 5 of 5
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