Production Is the Process by Which Raw Materials and Other

question 10

Multiple Choice

Production is the process by which raw materials and other inputs are converted in to ______________.

• A)finished product.
• B)services.
• C)satisfaction.
• D)loyalty.

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Definitions:

Unfair Advantage

An unethical or unjust edge or benefit in a competitive situation that is often gained through exploitation of confidential information or other unethical practices.

Crafty

Exhibiting cleverness or ingenuity, especially in deceiving others.

Fairness

A principle concerning equitable and impartial treatment or behavior without favoritism or discrimination.

Honesty

The quality of being fair, truthful, and free from deceit in one's actions and communications.