How can the society benefits from indirect production

[Stardom22]

The society can enjoy better quality goods
The society can enjoy a wide variety of goods
It creates employment opportunities to the society
It can also improve the living standards among the society

 

[Bisolami]

The society can enjoy better quality goods
The society can enjoy a wide variety of goods
It creates employment opportunities to the society
It can also improve the living standards among the society

It will surely create employment among the people in the society and if the product is quality and affordable to everybody the society will benefit from it and the company will also benefit from it in the sense of making profit

 

[Sanjeev]

What is indirect production, I didn't understand. Yes the production facilities help to give employment opportunities to the people.

 

[cherry123]

The society can enjoy better quality goods
The society can enjoy a wide variety of goods
It creates employment opportunities to the society
It can also improve the living standards among the society

I didn't understand your topic. indirect production what do you mean by this?

 

[uptrendfinancialsignal]

I didn't understand your topic. indirect production what do you mean by this?

It seems there's a misconception in the topic because it does not conform with the content.

 

[cherry123]

It seems there's a misconception in the topic because it does not conform with the content.

Yeah that was why I was seeking clarification from the initial poster.

 

[Bisolami]

What is indirect production, I didn't understand. Yes the production facilities help to give employment opportunities to the people.

I don't know what it means but I think indirect production is when a company asks another company to produce a particular product for them because it happens here very well

 

[Sanjeev]

We call it trading where the company asks a vendor to make a product for them and the one who buys it put its logo on it and sells its brand name. It happens when the company doesn't want to expand its production facilities.

 

[Bisolami]

We call it trading where the company asks a vendor to make a product for them and the one who buys it put its logo on it and sells its brand name. It happens when the company doesn't want to expand its production facilities.

And there are some times that the company may be short of machines to produce the products so they give it to another company that can help them out

 

[hastral45]

There is total misconception about this topic of indirect productions. I think the poster should have better explain what he meant here. Production definition is different from the way a layman understands it from economist.

 

[Bisolami]

There is total misconception about this topic of indirect productions. I think the poster should have better explain what he meant here. Production definition is different from the way a layman understands it from economist.

I think I understand you and I think I understand what he means by a company giving another company a product to produce for them

 

[Shavkat]

I am not sure if you are referring to massive production but not exclusively from famous companies. There is nothing wrong if it is a legit one to deal with.

 

[Heatman]

The society can enjoy better quality goods
The society can enjoy a wide variety of goods
It creates employment opportunities to the society
It can also improve the living standards among the society

I don't really know what's indirect production to begin with because it is the only understand exactly what this all about. I believe production generally offers what you listed above.

 

[Bisolami]

I don't really know what's indirect production to begin with because it is the only understand exactly what this all about. I believe production generally offers what you listed above.

Apart from the fact that the society will enjoy quality products, they will also benefit very well from the products.

 

[Reedex]

Indirect production is definitely a good way to benefit from the production process because they are done indirectly.

 

[Niyi Briggs]

Indirect production like construction has provided a means of livelihood for persons ranging from masons, painters, plumbers, electricians and other artisans. They have also created infrastructural development to the society.

 

[Bisolami]

Indirect production like construction has provided a means of livelihood for persons ranging from masons, painters, plumbers, electricians and other artisans. They have also created infrastructural development to the society.

It has helped people to be able to feed themselves by taking them out of poverty. At the same time, it has provided job for some people and it has helped the society that way

 

[Blessed19]

I have been with someone that helps the community around him to enjoy the presence of his business as there are days or weeks where he gifts them with creates of eggs to the entire community or sometimes to individual homes.

 

[astutimeliana723]

The society can enjoy better quality goods
The society can enjoy a wide variety of goods
It creates employment opportunities to the society
It can also improve the living standards among the society

What you mentioned is true, apart from that the community also benefits indirectly if the company holds a charity and compensation program for the poor. This is not only beneficial for the community, but also indirectly enhances the good reputation of the company.

 

[Sanjeev]

And there are some times that the company may be short of machines to produce the products so they give it to another company that can help them out

That's true when a company has more orders which cannot be completed in time in that case they outsource them. They don't expand their facilities because they don't see the forecast for the same demand.