TOPIC 2: Production
Meaning of the Term “Production”Define the term “Production”Production-isany activities, which results in the creation of goods and...
TOPIC 3: BUSINESS UNITS
The Term Business Units
Explain the term business units
A business organisation is one unit of control which is engaged in the
production or...
TOPIC 6: International Trade
The Meaning of International Trade
Explain the meaning of international trade
International trade, economic
transactions that are made between countries. Among the items commonly
traded are...
