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Production can be defined as an human effort that is used in the creation of goods and services for the satisfaction of human want?
First, I would say it's not only to satisfy human wants, but to satisfy human needs; the kinds of things we specifically need to survive as human beings. I believe production is a human effort, however the production to be accomplished in the most proficient, efficient, and appropriate way is determined by the ability to choose and manage all available resources to include, material, human, financial, and informational resources which also includes issues derived from internal and external environmental factors, that affect the organization in a positive or negative way.
What else can I help you with?
How is labor defined?
Labor is the general category of the human effort that is used for the production of goods and services.
What growth production?
Productivity growth is defined as a measure of the amount of goods and services that are produced during a specified period of time.
How is the word 'business' defined in economics?
A business is a social structure of human beings collectively who engage in the production, distribution, or sale of goods or services in an attempt to earn a profit.
How is an economist defined?
An economist is a scientist specializing in the field of economics, which is the social science that studies human activity directed toward the production, distribution, and consumption of goods and services.
Is begging an economic activity?
Economic activity is defined as actions that involve the production, distribution and consumption of goods and services at all levels within a society. So begging might not be defined as an economic activity, since it does not really affect all levels of society. It's too minute to make a large impact.
What is the costumer satisfaction?
It simply means when the customers need are fulfilled and they are happy with your services, it means a customer is satisfied. Also we can say when customer expectations are fulfilled then it is defined as customer satisfaction
How is labor defined?
Labor is the general category of the human effort that is used for the production of goods and services.
What growth production?
Productivity growth is defined as a measure of the amount of goods and services that are produced during a specified period of time.
How is economically defined?
Economics is the social science that investigates human activity directed toward the production, distribution, and consumption of goods and services.
Meaning of consumer satisfaction?
Consumer Satisfaction can be defined as a degree of person's satisfaction about a product, which fulfilled his expected requirements and exceeded his expectations regarding the product's performance.
How is the word 'business' defined in economics?
A business is a social structure of human beings collectively who engage in the production, distribution, or sale of goods or services in an attempt to earn a profit.
Which term is defined as the lack of satisfaction a person receives from using a product repeatedly?
Diminished Marginal Utility is the lack of satisfaction a person receives from using a product repeatedly.
What is multimedia production?
Multimedia production is most often defined as media production that is filmed, animated, or digitally produced. This production is then broadcast through mass media coverage.
How is an economist defined?
An economist is a scientist specializing in the field of economics, which is the social science that studies human activity directed toward the production, distribution, and consumption of goods and services.
Is begging an economic activity?
Economic activity is defined as actions that involve the production, distribution and consumption of goods and services at all levels within a society. So begging might not be defined as an economic activity, since it does not really affect all levels of society. It's too minute to make a large impact.
Moiety is properly defined how according to online services?
According to online services, Moiety is properly defined as having half ownership of something. For example, joint tenants are said to have Moiety of the property.
How are goods and services defined?
goods and services are define as the commodity that are sale for exchange of money to make life easy.
