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...
Internal and External Audits. Audits can be internal or external. In the case of an external audit, the company dedicates an employee or a team of employees to verify the company's adherence to operational policies. External audits also verify operational policies and sometimes stem from regulatory requirements that mandate compliance to certain rules and standards.