SSC MCQ Question Ans. Production and Organization

SSC MCQ Question Ans. Production and Organization. Production and organization are two similar kinds of factors. Sharbat is a produced good. Water,  lemon,  sugar, etc are necessary to prepare sharbat.  Utilizing  ingredients,  it is possible to produce goods or to create utility or satisfaction. And this job is done by the organization. For production, ingredients like water, sugar, lemon etc are needed, there has to be a planning how the production is to be done, different people perform different jobs while the production-these jobs are to be distributed according to the qualifications and skills, and finally the produced  good has to be taken to the market. The organization performs these types of jobs.  If the organization is not skilled, it is not possible to enhance production.

SSC MCQ Question Ans. Production and Organization

SSC MCQ Question Ans. Production and Organization

SSC MCQ Question Ans. Production and Organization

SSC MCQ Question Ans. Production and Organization

Production basically means creating utility.  The produced goods have to have an exchange cost. On the other hand, if the utility is not produced, it is not called production. To create a new product or utility using the factors or the primary products is known to be produced. e.g.- bread is made from flour, salt, water, roller, etc. Bread is produced well. We satisfy our hunger in eating bread. That is, making bread has created utility. We can get bread for money or in exchange for any other product.  That is, there is an exchange cost for the new product, bread. If bread is produced for business purpose, then they need to be taken to the market.

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SSC MCQ Question Ans. Production and Organization