Work (M's)
Semi-processed goods needing further transformation in production. Also known as raw materials or intermediate inputs.
Material
Converts raw materials into significantly altered new products.
Physical Transformation
Give examples of outputs from physical transformation in the production process.
food grains, clothes, furniture, and electronic gadgets
The human resource input used in the production process.
Manpower
Transmission of knowledge and specialized skills to customers.
Information Transformation
Provide examples of outputs from locational transformation activities in the business world
taxi services, sea transport, and postal services
Financial resource used to purchase all resources needed for operations.
Money
Transformation involving products derived from natural resources
Extractive Transformation
What are some examples of outputs from information transformation activities provided by professionals?
educational services, legal services, and professional services
Denotes the process of combining raw materials and the transformation process.
Product changes location through transportation and communication means.
Locational Transformation
Name examples of outputs from exchange transformation in both retail and wholesale services.
retail services of sari-sari stores, groceries, supermarkets, and department stores, along with wholesale services
Capital resource used in production, includes tools and equipment.
Title of the topic
Managing Operations Functions
List examples of outputs from extractive transformation involving products derived from natural resources.
gold ores, copper ores, timber, logs, and seafood