Which Is NOT a Factor of Production

question 152

Multiple Choice

Which is NOT a factor of production?

• A)labour
• B)capital
• C)land
• D)laws

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Definitions:

Unobservable Culture

The components that lie beneath the surface of an organization, such as company values and assumptions.

Company Values

Core principles and beliefs that guide an organization's actions and decision-making processes, reflecting its culture and ethics.

Assumptions

Premises or beliefs taken for granted without proof, often underlying one's actions or arguments.

Observable Culture

The visible and tangible aspects of an organization's culture, such as behaviors, rituals, and symbols that can be seen and experienced by employees.