LEARNING TASK 1

DIRECTIONS: Supply the missing letters to form the correct word/s suited to the definition.

1. P_O_E_TP_O_O_A_ - a detailed description of series of activities aimed at solving a problem.

2. P_R_C_ - the value paced on goods and services offered to the public.

3. P_O_U_T_O_ - the process of creating products and services that a manufacturer sells to its customer.

4. M_R_U_ - the margin of difference between the cost price and selling price.

5. R_S_U_C_S- the material, manpower and machine used in creating products and services.

6. O_E_A_T_O_- involves series of steps a raw material goes through in the creation of a product.

7. A_S_M_L_- is putting all parts together to form a final product.
8. I_S_E_TI_N - involves the process undertaken to make sure that the operation has been carried
out correctly.

9. R_W M_T_R_A_S-tangible physical resources needed in the creation of products, which are used for production.

10.1_P_T-referred to as raw materials needed.