What are examples of inputs in business?
Inputs are any resources used to create goods and services. Examples of inputs include labor (workers’ time), fuel, materials, buildings, and equipment.
What are outputs in a business?
Output is a quantity of goods or services produced in a specific time period (for instance, a year). For a business producing one good, output could simply be the number of units of that good produced in each time period, such as a month or a year.
What are key inputs?
An input, usually on a dynamics processor, such as a noise gate, that can be used to control the processor’s action. See “Key.”