"why is product and production important" Product is a thing that is grown or produced, essentially for consumption and mostly for sale. It is a thing produced through natural, chemical or industrial process , while production is the act of growing and making of food,goods or materials in large quantities (mass production for sale in other to make money.example, cars,plates, toothpaste etc.
Product and production is about the business of growing, making of food, goods or materials in large quantities as products which in turn is sold to consumers to meet or satisfy their needs as it were. Importance of products and productions as a relationship between business, human needs and services. Production is a business activity and business involves making, buying, selling or supplying goods or services for money. e.g commerce and trade. The importance of production is making products available in the market in large quantities for buyers and consumers who might need them, it is important as a business activity that contributes to the growth of the business through the sales of the items produced. Products importance is about meeting the needs or satisfactions of individual consumer at any particular time or period. Products exist to meet human choices and to improve life activities which includes entertainments in forms of television productions and plays.there are various...