GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT a component of the production process?
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Creating products or services
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Growing products or services
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Manufacturing products or services
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Selling products or services
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Explanation:
Detailed explanation-1: -According to economic theory, there are four main factors of production-land, labour, capital, and entrepreneurship. In the given options, first three are the factors of production while the fourth option of Product is not the main factor of production.
Detailed explanation-2: -It may include a table of contents, company background, market opportunity, management overviews, competitive advantages, and financial highlights. It’s probably easiest to write the detailed sections first and then extract the cream to create the executive summary. Try to keep it to just a couple of pages.
There is 1 question to complete.