A Factor of Production Is the Same As

question 3

Multiple Choice

A factor of production is the same as:

• A) the amount of a good produced.
• B) the price of a good.
• C) an opportunity cost.
• D) a resource.

Recognize the distinctions between content and process theories of motivation.

Analyze the implications of Maslow's needs hierarchy in various cultural contexts and organizational settings.

Understand the concepts of lower-order and higher-order needs according to Maslow.

Identify and differentiate between the factors that lead to job satisfaction and dissatisfaction according to Herzberg's two-factor theory.

---

Definitions:

Equal Employment Opportunity Commission

A federal agency that enforces laws against workplace discrimination.

Glass Ceilings

Invisible barriers that prevent certain groups, often women and minorities, from rising beyond a certain level in various hierarchical organizations.

AAP Awareness

Awareness regarding Affirmative Action Programs designed to promote equal opportunity in employment.

Talent Inventories

A database or record of the skills, talents, and capabilities of all employees in an organization, used for planning, selection, and developmental purposes.