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7
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The large quantities of goods and services that are able to be produced because of modern industrial methods, such as specialisation and automation using machines and computers
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8
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Purchase large quantities of the product and break down these larger quantities into smaller quantities for sale to retail outlets
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9
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The levels or units of production through which a product will move from raw materials through manufacturing and distribution networks to the consumer at the end of the chain
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11
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The rate at which ouptuts of goods and services are produced per unit of inputs including labout, capital and raw materials
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12
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Is the human effort used to produce goods and services
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13
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Takes the entire output of the producer and moves it towards the market through a group of wholesalers
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14
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Includes resources mande by people to assist in the production of goods and services
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15
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Capital resources that can come in many forms,such as equipment, tools, buildings, vehicles amd money used for production
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16
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Is the ability to see opportunity, manage risk and coordinate resources effectively
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1
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Operate from shop fronts and have limited storage space, purchase bulk quantities of products from wholesalers to sell individual items and small quantities to buyers and consumers in the market
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2
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The results of the production process
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3
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Opportunities for sellers and buyers of a particular good or services to exchange these goods and services at a price
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4
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Describes natural resources used in the production of goods and services
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5
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The resources used in production processes including land, labour,capital and enterprise
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6
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All resources including raw materials and intermediate goods used in prodcution
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10
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The steps or stages of production along a supply chain
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