Consider the Following List: a Worker with Training in Video

question 72

Multiple Choice

Consider the following list: a worker with training in video gaming technology, 10 hectares of arable land in southern Ontario, a fishing trawler in Nova Scotia, an ice- cream truck at a park in Quebec. Each of these is an example of

• A)an economic service.
• B)a capital resource.
• C)a commodity.
• D)goods and services.
• E)a factor of production.

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Definitions:

Coworkers

Individuals who work together in the same organization or on the same team, but not necessarily in the same location.

Verbal Discussion

involves exchanging thoughts, ideas, or emotions through spoken words, aiming to reach a mutual understanding or decision.

Outsider Bias

The tendency to favor persons outside one's group, often overestimating their qualifications or abilities, usually in comparison to insiders.

Knowledge Valuation

The process of assessing the value of knowledge assets within an organization, often to support decision-making or investment in knowledge management.