Which of the Following Groups Lists the Four Factors of Production

question 2

Multiple Choice

Which of the following groups lists the four factors of production?

• A) Labour, capital, land, entrepreneurship
• B) Labour, capital, money, entrepreneurship
• C) Labour, capital, land, money
• D) Labour, money, land, entrepreneurship

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Definitions:

Route Sales Representatives

Individuals who sell, deliver, and merchandise products in a specific geographical area or route, often for food and beverage companies.

Input-Based

Relating to approaches or systems that focus on the resources or efforts expended, rather than the outcomes or results achieved.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, involving the biological, emotional, social, and cognitive forces that activate behavior.

Effort

The amount of physical or mental energy expended to achieve a task or goal.