A Factor of Production That Can Be Used in Any

question 25

Multiple Choice

A factor of production that can be used in any sector of an economy is a(an)

• A)import- competing factor.
• B)variable factor.
• C)specific factor.
• D)export- competing factor.
• E)mobile factor.

---

Definitions:

Theory Y

A management approach that assumes employees are inherently motivated and can exercise self-control and self-direction.

Human Behavior

The range of actions and mannerisms exhibited by humans in conjunction with their environment, social structures, and culture.

Determination

The firmness of purpose or the resolve to achieve a goal despite obstacles or difficulties.

McGregor's Theory X

A management theory that assumes employees are inherently lazy and will avoid work if they can, requiring strict supervision and control.