| Concepts
|
-
ECONOMIC ACTIVITY: Combination of resources such as labour, raw materials, equipment, etc., are joined, leading to the creation of specific goods or services. Regardless of the factors of production integrating the good or service produced, all activities generically imply an input of products (goods or services), a production process and an output of products (goods or services).
-
ENTERPRISE: Legal entity (natural or legal person) that is an organisational unit producing goods or services, which benefits from a certain degree of autonomy in decision-making, especially for the allocation of its current resources. An enterprise carries out one or more activities at one or more locations.
-
OUTPUT: Output consists of the products created during the accounting period. Particular cases included are: a) the goods and services which one local kind-of-activity unit (KAU) provides to a different local KAU belonging to the same institutional unit; b) the goods which are produced by a local KAU and remain in inventories at the end of the period in which they are produced, whatever their subsequent use.
-
LEGAL FORM: A classification given by law, which can take a number of forms: civil associations (public or private, profit- or non-profit-making) and companies.
-
REFERENCE PERIOD: The length of time for which data are collected, e.g. a specific day, month or year.
|
