answersLogoWhite

0

What is production concept?

Updated: 9/11/2023
User Avatar

Wiki User

12y ago

Best Answer

Using different types of inputs to make an output is production. e.g. a firm production wheat. thus production refers to the transformation of inputs or resources into outputs of goods and securities ( education, medicine, banking, communication, transportation)

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is production concept?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the four marketing concept?

production concept marketing concept selling concept product concept


Is production a stock and income a flow?

yes, production is a stock concept and income is a flow concept.


Contrast product and production concept?

There are a few different contrasts between product and production concept. Production concept is the general idea of how something will be done and product is what is actually produced.


What is a director's concept?

The Director's Concept: A central idea that unifies all elements of the production to make it unique. (also known as the Production Concept)


Is apple Selling Concept Or Marketing Concept?

No it is a production concept as of October 2011


Selling concept and production concept which concept is the best concept for short-run?

ask your mother?lol


Definition of production concept?

Production concept mean that the product will be highly affordable mean the price have low & available everywhere.


The first observation of production which led to the concept of of specialization was in the production of what?

Pins


The first observation of production which led to the concept of specialization was in the production of what?

pins


What are 5 orientation towards market place?

Production concept Product concept Selling/ Sale concept Marketing concept Societal concept


What is the difference between a production concept and product concept?

AnswerTo me the difference lies in what is being produced. A product conceptwould be an idea for an item or product. A production concept would be the concept conceived for creating the product.--------------------------------------------------------------------------------------------------------------Production Concept-consumers favor products that are available and highly affordable-improve production and distribution-also known as manufacturing conceptProduct Concept-consumers favor products that offer the most quality, performance, and innovative features


With appropriate illustrations explain Production Concept Marketing Concept Societal Concept and Customer Concept indicating their benefits to the organisation?

this site is good for students