inputs processes outputs Flashcards

1
Q

inputs

A

refer to the resources used to create the final good or services such as raw materials, labour, facilities and equipment, time, money and information

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2
Q

processes

A

are all the activities involved in transforming inputs into outputs such as melting, mixing, pouring, packaging

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3
Q

outputs

A

outputs are the final product presented to the customer either as goods or services

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