Which of the Following Is a Factor of Production at a College

question 345

Multiple Choice

Which of the following is a factor of production at a college?

• A) the faculty
• B) lab concentrations to use in experiments
• C) electricity
• D) Scantron sheets

---

Definitions:

Mary Parker Follett

An early 20th-century management consultant and social worker who emphasized human relations and leadership through group association.

Collective Responsibility

The concept that all members of a group share accountability for the actions and outcomes of the group as a whole.

Theory Y

The assumption that people are willing to work, like responsibility, and are self-directed and creative.

Managers

Individuals in an organization responsible for directing and overseeing the work of a group of people toward the achievement of goals.