Production
Production is the process by which human labour (or “work”) is applied, usually with the help of tools and other forms of capital, to produce useful goods or services.
Production is the use of resources, such as people and machinery, to convert materials into finished goods and services.
Production is a business activity that uses people and machinery to convert materials and parts into salable products.
Production is a business activity that uses people and machinery to convert materials and parts into salable products.
The total process by which a company produces finished goods or services; also, the total amount of product brought forth.
Webster Dictionary Meaning
1. Production
- The act or process or producing, bringing forth, or
exhibiting to view; as, the production of commodities, of a witness.- That which is produced, yielded, or made, whether naturally, or by the application of intelligence and labor; as, the productions of the earth; the productions of handicraft; the productions of intellect or genius.
- The act of lengthening out or prolonging.
Category: Economics, Contemporary Business
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