The Basic Building Blocks to a Firm,or the Inputs into the Production

question 63

Multiple Choice

The basic building blocks to a firm,or the inputs into the production process,are: 

• A) competition.
• B) strategy.
• C) liabilities.
• D) resources.

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Definitions:

Customer Support

Services provided by a company to its customers to assist with product-related queries, problems, or returns.

General Administrative

Expenses related to the overall management and administration of a business, including executive salaries, office supplies, and legal fees.

Raw Materials Used

Refers to the basic materials and substances utilized in the initial stages of production.

Production Supervisor

An individual responsible for overseeing the daily operations of a manufacturing facility or a part of it, ensuring production targets and quality standards are met.