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Which of the Following Is Not a Factor of Production

question 195

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Which of the following is not a factor of production?


Definitions:

Product Differentiation

The process of distinguishing a product or service from others, to make it more attractive to a particular target market.

Competitive Scope

The breadth of the field or market in which a company competes, including geographical reach, product range, and target customer segments.

Organizational Structure

The system of roles, responsibilities, and communication within a company, determining how activities are directed to achieve its objectives.

Geographical Distribution

The physical locations where a population, species, or commercial activity is found or targeted.

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