A is something which is offered to customers to satisfy their needs or wants.

Related MCQs

• In which type of production system the unit cost of production is low?
• Production is the process by which raw materials and other inputs are converted in to .
• Which of the following industries should be located near the vicinity of raw materials?
• Kaizen is a process, the purpose of which goes beyond simple productivity improvement.
• Which of the following is not an inventory?
• Which of the following is true for Inventory control?