Input Flashcards
Inputs are the resources used by a business to produce goods and services. (3 cards)
1
Q
Define Inputs
A
Inputs are the resources used by a business to produce goods and services.
2
Q
Define Processes
A
Processes are the actions performed by a business to transform inputs into outputs.
3
Q
Define Outputs
A
Outputs are the final goods or services produced as a result of a business’s operations system,
that are delivered or provided to customers.
