The Productive Resource That Organizes Labor,land,and Capital Is

question 103

Multiple Choice

The productive resource that organizes labor,land,and capital is

• A) human capital.
• B) financial capital.
• C) entrepreneurship.
• D) government.
• E) capital.

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Definitions:

Group Context

Refers to the environmental and dynamic variables that influence the behavior, attitudes, and effectiveness of a group's members.

Organization Teams

Groups within an organization that are formed around common goals, tasks, or responsibilities to achieve specific outcomes.

Quality Circles

Small groups of employees who meet regularly to solve problems and improve production in their area of work.

Productivity

A measure of the efficiency of production, often quantified as the ratio of outputs to inputs in a production process.