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...
A product audit -- often referred to as a quality audit -- is an inspection of a final product before delivering it to a supplier or a customer. Any company, including small businesses, should conduct regular product audits, as they help improve quality, increase profitability and enhance customer satisfaction and loyalty.