1
Q
What is Production?
A
Production is the creation of goods and services capable of satisfying needs and wants. It involves combining units of INPUTS (factors of production) to create these OUTPUTS to satisfy needs and wants.
2
Q
A
Principles Of Business
flashcards
Decks in class (37)
# Cards
-
The Growth Of A Business18
-
Advancement In Technology In Business8
-
MECHANISATION and AUTOMATION6
-
LINKAGE INDUSTRIES6
-
COTTAGE INDUSTRIES4
-
SMALL FIRMS5
-
TYPES OF PRODUCTION (INDUSTRIES)9
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PRODUCTION, PRODUCTIVITY & LABOUR FORCE/SUPPLY2
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Leadership0
-
Management0
-
Setting-up and Operation a Business0
-
CAREERS IN THE FIELD OF BUSINESS0
-
STAKEHOLDERS INVLOVED IN BUSINESS0
-
ECONOMIC SYSTEMS0
-
Nationalised Industries0
-
FRANCHISE0
-
MULTINATIONAL COMPANIES0
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TYPES OF SHARES OFFERED FOR SALE BY LIMITED COMPANIES0
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DOCUMENTS REQUIRED WHEN SETTING UP A LIMITED COMPANY0
-
LIMITED COMPANIES0
-
THE SECTORS OF THE ECONOMY0
-
PARTNERSHIPS0
-
THE SOLE TRADER or SOLE PROPRIETOR4
-
INSTRUMENTS OF EXCHANGE13
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Development of the Barter System12
-
Entrepreneur30
-
The Business Plan13
-
About business11
-
Tests & Quiz Questions1
-
MARKETING; Marketing Activities and Market Research12
-
SALES PROMOTIONAL STRATEGIES16
-
BRANDING, AFTER-SALES SERVICES & MERCHANDISING8
-
PACKAGING and PUBLIC RELATIONS6
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WAREHOUSING and HIRE PURCHASE4
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CONSUMER BEHAVIOUR2
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CONSUMERISM6
-
THE MARKETING MIX0
