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LSDefine
Simple English definitions for legal terms
output
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A quick definition of output:
Output: The amount of things a business makes or creates. It's like how many cookies a baker bakes or how many toys a toy factory makes. It's the process of making things.
A more thorough explanation:
Definition: Output refers to the amount of goods or materials produced by a business or organization.
Examples:
- A car manufacturing company's output is the number of cars it produces in a given period of time.
- A bakery's output is the number of loaves of bread it bakes each day.
- A clothing factory's output is the number of garments it produces in a week.
These examples illustrate how output refers to the quantity or amount of goods or materials produced by a business or organization. It is an important measure of productivity and efficiency, as it indicates how much a company is able to produce in a given period of time.