Which of the Following Factors Is Most Important as a Source

question 12

Multiple Choice

Which of the following factors is most important as a source of sustained growth in material living standards?

• A)population increase
• B)changing relative factor prices
• C)decrease in cost of capital
• D)technological improvement
• E)capital-labour substitution

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Definitions:

Employment Stability

The reliability of job security within an organization, contributing to the long-term retention of employees.

Physical Environment

Refers to all the physical and natural surroundings in which an organization operates, including both workplace conditions and external environmental factors.

Quality of Work Life

A concept that involves improving the workplace environment and conditions, including job satisfaction, safety, and work-life balance to enhance employee well-being and productivity.

Performance

The act of carrying out or accomplishing an action, task, or function.