Paper 2 · Production and commercial services
What is production, as commonly defined in Commerce?
AThe making of goods and the provision of services to satisfy wants and needs
BThe buying and selling of goods for profit, without changing them in any way
CThe transportation and storage of goods that move them from the factory to the final consumer
DThe advertising and promotion of goods and services in order to increase demand and sales
Explanation: Production is the making of goods and provision of services to satisfy wants and needs.
Derived from ZIMSEC Commerce 7103/2 Paper 2, June 2004, Q1
