Which of the Following Phrases Correctly Describes at Least One

question 3

Multiple Choice

Which of the following phrases correctly describes at least one of the factors of production?

• A)Natural resources,such as minerals,timber,and water,as well as land itself
• B)The physical and intellectual services of technological advances
• C)Buildings and warehouses,but not factories
• D)Inventories
• E)Automobiles

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Definitions:

Leadership Ethics

Involves principles and values that guide leaders in making decisions that are fair, responsible, and respectful of others, ensuring their actions uphold moral standards.

Theoretical Formulations

Conceptual frameworks or sets of propositions that are put forward to explain phenomena or guide research and practice in a field.

Ethical Theory

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.

Moral Theory

A system of thought that deals with ethics, or the principles of right and wrong behavior.