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...
The product is something tangible that you get after going through a process. After doing some systems analysis work, the analyst will write a report. Doing the analysis is a process and the report is a product of that phase.Each product can be used as part of carrying out the next process.The analyst's report could be used as part of the design process. The resulting design, which is a product, is then used in writing the programs, which is another process.Thus there is no product that is not formed through a process.he analyst's report could be used as part of the design process. The resulting design, which is a product, is then used in writing the programs, which is another process.Thus there is no product that is not formed through a process.