GROUP ACTIVITY QUIZ

This refers to the human resource, particularly the workforce, needed in the production process of the business.

This are the basic ingredients in any type of business.

It can be described as "bestfriend" of manpower.

It describes how an entrepreneur will run the business from all facets of the business

These are the negtive signals that a business can vary.

He write the article entitled "Developing a Great Business Model"

The process of translating raw materials into finished goods that are acceptable to the customer's standards.

These are the three elements of manufacturing:

• input - project - output

• input - process - output

• input - process - outsource

There are five sequential steps in product development.

• True

• False

It is the process of developing, testing, and commercializing a product or service with the ultimate objective..