Which of the Following Is True of Resources

question 156

Multiple Choice

Which of the following is true of resources?

• A) Resources are inputs used to produce goods and services.
• B) Labor is the mental and physical capacity of workers to produce goods and services.
• C) Entrepreneurship organizes resources to produce goods and services.
• D) All of the above are true.

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Definitions:

Psychogenic Needs

are psychological desires or motivations that drive individual behaviors, often subconscious in nature.

Expectancy Theories

A group of theories that explain how people determine the likelihood of a specific outcome based on their actions, beliefs about their abilities, and the perceived likelihood of achieving their goal.

Need For Power

An individual's desire to control or influence others.

Personal Accomplishment

A feeling of pride or fulfillment resulting from achieving something through one's own efforts or skills.