Which of the Following Is an Explanation for the High

question 289

Multiple Choice

Which of the following is an explanation for the high labor-productivity in the United States?

• A) plentiful capital resources
• B) high total output in industries
• C) high price of labor
• D) plentiful labor resources

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Definitions:

Operational Plan

A detailed outline of how a strategy will be implemented in terms of resources and actions needed to achieve specific objectives.

System Capacity

The maximum output or performance level that a system can handle, which can refer to organizations, networks, or technical systems.

Nonprofit's System

A nonprofit's system comprises the organizational structures, processes, and practices that enable a nonprofit organization to pursue its mission effectively.

Nonprofit Lifecycle

The nonprofit lifecycle describes the stages of development through which a nonprofit organization progresses, including startup, growth, maturity, and possibly decline or renewal.