Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the search-in-place domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /usr/www/users/mywaecf/KEYPOINT/wp-includes/functions.php on line 6121

Warning: session_start(): Cannot start session when headers already sent in /usr/www/users/mywaecf/KEYPOINT/wp-content/plugins/secure-copy-content-protection/public/class-secure-copy-content-protection-public.php on line 1000

Warning: Cannot modify header information - headers already sent by (output started at /usr/www/users/mywaecf/KEYPOINT/wp-includes/functions.php:6121) in /usr/www/users/mywaecf/KEYPOINT/wp-content/plugins/docket-cache/includes/src/Plugin.php on line 1186

Warning: Cannot modify header information - headers already sent by (output started at /usr/www/users/mywaecf/KEYPOINT/wp-includes/functions.php:6121) in /usr/www/users/mywaecf/KEYPOINT/wp-content/plugins/docket-cache/includes/src/Tweaks.php on line 453
DEFINITION OF PRODUCTION — Commerce Keypoint

DEFINITION OF PRODUCTION

Production is the process of transforming raw materials into finished goods, including the distribution and provision f. goods and services to satisfy human requirements. Production is said to be incomplete until goods produced get to the final consumers.

Goods are said to be of two types namely – capital goods Such as machines, cars, raw materials etc. and consumer goods such as milk, garri, rice and the service of Teachers, Lawyers, Doctors etc.

Leave a Comment

not allowed!