The Production Process

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What do the inputs in the production process include?
Labour, Equipment, Raw materials, Finance and Enterprise.
1 of 5
What do the outputs in the production process include?
Goods and Services.
2 of 5
Who buys and uses the output?
Customers buy it and Consumers use it.
3 of 5
Whoe provide the goods and services?
Suppliers provide them.
4 of 5
What is a Consumer?
A consumer uses the actual good or sevice.
5 of 5

Other cards in this set

Card 2

Front

What do the outputs in the production process include?

Back

Goods and Services.

Card 3

Front

Who buys and uses the output?

Back

Preview of the front of card 3

Card 4

Front

Whoe provide the goods and services?

Back

Preview of the front of card 4

Card 5

Front

What is a Consumer?

Back

Preview of the front of card 5

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