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In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, goods and services.The utilised amounts of the various inputs determine the quantity of output according to the relationship called the production function.
Products on shelves at a Fred Meyer hypermarket superstore Skin care cosmetics for sale as products at a pharmacy in Brazil. In marketing, a product is an object, or system, or service made available for consumer use as of the consumer demand; it is anything that can be offered to a domestic or an international market to satisfy the desire or need of a customer. [1]
Thomas Edison with phonograph in the late 1870s. Edison was one of the most prolific inventors in history, holding 1,093 U.S. patents in his name.. Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. [1]
The Nice Classification is based on a multilateral treaty administered by WIPO.This treaty, consummated on 15 June 1957 in Nice, France, is called the "Nice Agreement Concerning the International Classification of Goods and Services for the Purposes of the Registration of Marks".
A modern automobile assembly line. Mass production, also known as flow production, series production, series manufacture, or continuous production, is the production of substantial amounts of standardized products in a constant flow, including and especially on assembly lines.
Value added is a term in financial economics for calculating the difference between market value of a product or service, and the sum value of its constituents. It is relatively expressed to the supply-demand curve for specific units of sale. [1]
PT Pertamina Gas Negara Tbk (PGN, English: Pertamina Gas Company, trading as Pertamina Gas Negara; formerly known as PT Perusahaan Gas Negara Tbk, English: State Gas Company) is an Indonesian natural gas transportation and distribution company.
Reference [3] [4]. In July 2010, the Ministry of Transportation issued Regulation No. KM45/2010, which among other things, renumbered the locomotive unit number. Under the new regulation, the unit number consisted of year of entered service and the unit number of that year (e.g. CC201 78 03 (former CC201 31) denotes that it is the third CC201 that entered service in 1978). [5]