GDP measures the monetary value of final goods and servicesâthat is, those that are bought by the final userâproduced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country.
Process Audit :-Auditor will concentrate on process at each stage & itss relevant parameters process parameters like temperature, pressure, speed etc.Along with this he audits operator competency level , environment condition under which he operates the machine,5S,safety etc...
What is a Product Audit ? The product audit is the assessment of the final product/service and its qualification for use evaluated versus the intent of the purpose of the product/service. It ensures a thorough inspection of a final product before delivery to a supplier or a customer.