Economy, asked by abhishek803, 4 months ago

meaning of production please wrote correct answer​

Answers

Answered by abhishekapurva727
5

Answer:

the sole purpose of organisation is to create good provide services and both.

every organisation is engaged in the production of iron a physical good or services the organisation may be a manufacturing enterprise as a hospital educational institutes a government agency a farm house and a department store.

Answered by Ekakshi
0

Production is a process of combining various material inputs and immaterial inputs (plans, know-how) in order to make something for consumption (output). It is the act of creating an output, a good or service which has value and contributes to the utility of individuals.

Similar questions