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Which of the Following Is Not a Factor of Production

question 27

Multiple Choice

Which of the following is not a factor of production when creating goods and services?


Definitions:

Functional Specializations

Refers to specific areas of expertise or focus within a profession or organization, allowing for greater efficiency and skill development.

Shift

A change or transition in position, direction, strategy, or approach, often used to describe alterations in work schedules, roles, or operational tactics.

Clients

Individuals or entities that receive professional services or advice from a company or professional.

Divisionalized Structures

A type of organizational structure where operations are segregated based on products, services, markets, or geographic areas.

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