Examlex
Which of the following is NOT a factor of production?
Organisational Strength
The unique capabilities or advantages that give an organization a competitive edge or help it achieve its objectives.
Purpose
The reason for which something is done or created, or for which something exists; often refers to the sense of resolve or determination with which an individual or group undertakes a task.
Performance Advantage
The superiority that an individual or organization holds over competitors in terms of operational efficiency, effectiveness, and overall performance.
Total Quality Management
A comprehensive and continuous effort by an organization to improve the quality of its products, services, and processes through ongoing feedback and development.
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