meaning of production please wrote correct answer
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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.
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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.
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