_________means the conversion of raw materials into finished products with the help of certain processes.

Related MCQs

• ___________ refers to less variety in the design of products, that is, new products are designed such that there is no major variation from the existing products.
• The conversion of knowledge and requirement into a form, for use or manufacture is
• The framework within which the conversion of inputs into outputs occurs
• Grouping of similar machines and equipment into departments where only certain kinds of work are done is
• “Marketing is a human activity directed at satisfying needs and wants through exchange processes” is the statement by
• “Materials and labor should be moved over minimum distances; saving cost and time of transportation and material handling.” The statement best describes the
• The orderly flow of materials in the manufacturing process from the beginning to the end is regulated by
• ________ is used to determine the time needed for the process, resources and machines to complete a certain step, activity or task.
• _____________is concerned with the design and delivery of advice and financial products.
• What function of business is responsible for ensuring that products and services meet high quality standards?