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Business activity - Coggle Diagram
Business activity
Resource inputs
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Physical
Right quality & quantity of materials, machinery, and land space to make a product or service.
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Production processes
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Labour-intensive
Uses a large proportion of labour relative to other inputs (especially related to land & machinery).
Labour intensive operations may involve fairy low-skilled workers, and/or highly skilled employees.
Product outputs
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Services
Are intangible.
As karate class, medical examinations, etc.
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