10). ____involves a cost-benefit comparison of various business activities.
A) Cost analysis
B) Production analysis
C) Demand analysis
D) Marginal analysis
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Answer:
production analysis
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The correct answer is Option(B) Production analysis.
- It is a relationship between the business input and the output of the production.
- It is the phase that creates output through a commodity or services which will be consumed by the consumers.
- It is an analysis that is important for the attainment of organizational goals.
- This analysis will be made while checking all aspects like the role of the firm, production field.
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