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