2.1. Transformation process is an activity of taking inputs and processing, changing or converting them while adding value to them so that outputs could be created. Illustrate transformation processes of the following goods and services; (12) 2.1.1. Body Lotion
2.1.2. Paper
2.1.3. Doctor (any)
2.1.4. TV Show​

10. which of the following is true regarding preretirement inflation? a. defined-benefit plans provide more inflation protection than defined-contribution plans. b. because of preretirement inflation, possible investment-related growth is increased for defined-contribution plans. c. all types of benefits are designed to cope with preretirement inflation. d. preretirement inflation is generally reflected in the increase in an employee's compensation level over a working career.