<u>The invention of a new soft drink, the input, conversion, and output would be:
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- <u>Input</u><u>: Knowledge, raw material, and capital, which are required to make a product.
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- <u>Conversion</u><u>: It is the process of transforming input into the output.
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- <u>Output</u><u>: It is the result of the product.
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Further explanation:
Inventing a new soft drink:
- Soft drinks are popular beverages made for consumption purposes. Soft drinks are made from the dry and the fresh ingredients and mixing it with the water.
- Inventing a new product, one should make the product unique from the existing product, new features or flavors should be added to them. The producer should try to make that product which is in demand. A unique product should be made so as to compete in the market.
- Marketing and promotion should be kept in mind while selling the product.
- Feedback should be taken from the consumers after selling.
Thus, the input for inventing a new soft drink would be the raw material, knowledge, and capital required to make the product that is a soft drink, the conversion is the process of making input into output, and output is the result of the product.
Learn more:
1. Gross national product:
<u>brainly.com/question/11084585
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2. Demand forthe product:
<u>brainly.com/question/2488917
</u>
3. Productivity:
<u>brainly.com/question/5045672
</u>
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Answer details:
Grade: Middle School
Subject: Business
Chapter: Production
Keywords:Inventing a new soft drink, what would be the input, the conversion, and the output, feedback, market, raw material, marketing, promotion, knowledge, dry, fresh, after selling, a unique product should be made so as to compete, the market.