G10 The Production Process

Thursday 4th January
 2024
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Business StudiesSecondary Education

This lesson contains 18 slides, with interactive quizzes and text slides.

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Thursday 4th January
 2024

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timer
5:00

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What do we call it when products like a laptop, shoes are made?
A
The producer process
B
The production process
C
The product process
D
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What may happen if the cost of the inputs is more than the price of the output?

A
the profit and revenue will be more
B
the cost and price will be the same
C
the profit and revenue will be less

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Why does a business combine inputs?
A
to make products or services to satisfy need
B
to make the production process easier
C
to make more profits from the products

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What does 'added value' mean?
A
the product costs less to make than it's selling price
B
the product costs more to make than its selling price
C
the production cost and selling price is the same

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In the production process, pumpkin, wheat flour, ghee, honey, cardamom, saffron strands and rosewater are inputs and aseeda is the output.
A
true
B
false
C
-
D
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bobar- pumpkin
Complete the activity on LMS. 
Activity 1.2

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