Question

A(n) ________ is any activity or group of activities that takes one or more inputs, transforms and adds value to them, and provides one or more outputs for its customers.

a) Organization
b) Process
c) System
d) Structure

Answer 1

A process is any activity or group of activities that takes inputs, transforms them, and provides outputs. The inputs or factors of production in the pizza-making process include flour, water, yeast, tomatoes, spices, labor, capital, land, and raw or finished component materials. Therefore, the correct option is B.

Step-by-step explanation:

A process is any activity or group of activities that takes one or more inputs, transforms and adds value to them, and provides one or more outputs for its customers. In the context of the production process for the pizza, the inputs or factors of production include flour, water, yeast, tomatoes, spices, labor, capital, land, and raw or finished component materials. These inputs are transformed and combined by the pizzaiolo and the cook to create the final output, which is the pizza.