Page 245 - SimpleWaystoPracticeEnglishforBusinessBookStudentsFLIPpdf

Production is a process of combining various material inputs
and immaterial inputs (plans, know-how) in order
to make something for consumption (output). It
is the act of creating an output, a good or service
which has value and contributes to the utility of
individuals. (wikipedia.com)
Digital is the process of applying digital tools to reinvent
Business business models and transform a company’s
products and customer experiences, innovating
products that create new value and connecting
people with things, insights and experiences.
(https://www.cognizant.com/us/en/glossary/
digital-business)
Schedule is a list of planned activities or things to be done
showing the times or dates when they are intended
to happen or be done. (Cambridge Dictionary)
Business Plan is a document that defines in detail a company’s
objectives and how it plans to achieve its goals. It
lays out a written road map for the company from
marketing, financial, and operational standpoints.
(https://www.investopedia.com/terms/b/business-
plan.asp)
Marketing refers to activities a company undertake to
promote the buying or selling of a product or
service. Marketing includes advertising, selling,
and delivering products to customers or other
businesses. (https://www.investopedia.com/
terms/m/marketing.asp)
Start Up is a young company established by one or more
Business entrepreneurs to create unique and irreplaceable
products or service. It aims at bringing innovation
and building ideas quickly. (https://sendpulse.com/
support/glossary/startup)
Promotion is a marketing tool, used as strategy to communicate
between the sellers and buyers. Through this way,
the seller tries to influence and convince the buyers
to buy their products or services. (https://byjus.com/
commerce/what-is-promotion/)
Achievement Something that you did or got after planning and
working to make it happen, and that therefore gives
you a feeling of satisfaction, or the act of working to
make this happen. (dictionary.cambridge.org)

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