Question

A book manufacturer purchases paper, binding glue, and cardboard, then produces books. The book manufacturer then owns the finished books. This process represents the ________ method of acquiring ownership.

Answer 1

Answer: Production

Explanation:

Production method is the technique in which touchable resources (e.g - raw material) and untouchable input (e.g-information )are used for producing a good or value product as output. The output product is then subjected for sale .

According to the situation mentioned in question, book manufacturer is using production method.He is assembling the inputs like glue, paper , cardboard for making a book. As he is producing the book , he is able to become the owner to sell it others.