2. Look out for the ... This means you have to DO SOMETHING!
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10. Size of Business Businesses may be described as Small , Medium or Large
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16. Type of Product Another category is based on what is made ...
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35. Chain of Production The process of making goods, where raw materials are turned into final products. INPUTS Raw Materials (Money, Premises, People) PROCESS Manufacturing stages OUTPUTS Finished Goods (sold on to customers) At every stage in the production process, value is added, eg a house is worth more than the bricks and plaster it started out as.