What is called raw material?
Answer and explanation
Correct answer: Material from which a product is made
Raw material is the basic input that is processed, transformed, or combined to make a finished product. For example, fabric can be used to make clothing and wood can be used to make furniture. Finished goods, shop decoration, or anything a customer does not buy does not define raw material.
Frequently asked questions
What is the correct answer to this question?
Material from which a product is made
Why is this the correct answer?
Raw material is the basic input that is processed, transformed, or combined to make a finished product. For example, fabric can be used to make clothing and wood can be used to make furniture. Finished goods, shop decoration, or anything a customer does not buy does not define raw material.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Business, Trade and Commerce.
