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'Product' refers to

Developing processes that meet the needs of its current and future stakeholders 

Which is not a factor of production?

The ‘goods and services continuum’ illustrates that products are a good or a service, not both

Which does not belong in the primary sector?

Production is

Efficient and profitable asset use over time, without negatively effecting future generations

Delivery vans are an example of which type of factor input?

Which is not a function of business?

In production, the difference between the costs of inputs and the price received for outputs is

Resources used in production process are

Using natural resources wisely in the short-term so they are available in the long-term, is

Increasing the value resources during production of goods and services is known as

Utilities, such as electricity and water, are considered as part of the tertiary sector because

One of these is not a function of business