Examlex
Which of the following reflects Dutch management professor Geert Hofstede's perception of culture?
Economic Profits
The margin by which a firm's total sales exceed its complete set of expenses, both overt and covert.
Labor
Human effort, either physical or mental, used in the production of goods and services.
Capital
Financial assets or the financial value of assets, such as cash and buildings, used by a business to produce goods or services.
Least-Cost Combination
An economic principle where firms aim to achieve the lowest possible cost of production by efficiently combining resources.
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