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9329815
Producing Goods and Services
Description
Producing goods and services
No tags specified
business studies
business studies
gcse
Mind Map by
Unicorn Sparkles
, updated more than 1 year ago
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Created by
Unicorn Sparkles
over 7 years ago
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Resource summary
Producing Goods and Services
Goods are physical objects.
Examples: Mars Bar (CD), Cutlery (CND), Costa coffee machiene (PG).
3 main types of Goods
Consumer Durable (CD) - bought by customer/consumer and multi-use
Consumer Non-Durable (CND) - bought by the customer/ consumer only usable once.
Producer goods (PG) - bought by the business who uses them to operate their business
A service is a action to benefit the customer.
Examples: School nurse (PS), window cleaner (PS), Business advisor (CS), NHS (CS)
2 main types of services
Commercial service (CS) - bought and used by a business.
Personal/ direct services (PS) - used by the general public
Job Production
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