Which of the Following Statements Is False

question 137

Multiple Choice

Which of the following statements is false?

• A) To an economist,the resource land includes natural resources such as minerals,forests,water and unimproved land.
• B) To an economist,the resource capital consists of unproduced goods that can be turned into produced goods.
• C) To an economist,the resource labor consists of the physical and mental talents people contribute to the production process.
• D) To an economist,the resource entrepreneurship refers to a particular talent that some people have for organizing the resources of land,labor,and capital to produce goods,seek new business opportunities,and develop new ways of doing things.

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Definitions:

High Performance Companies

Organizations that consistently outperform their peers in key business outcomes, driven by superior leadership, culture, and operational effectiveness.

The Human Equation

Refers to incorporating human factors, such as emotions and personal relationships, into understanding and managing organizations.

Enriched Work Environment

A workplace design strategy aimed at improving employee satisfaction, motivation, and productivity by adding physical, psychological, or organizational enhancements.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that categorizes human needs into a five-level pyramid, with basic needs at the bottom and self-actualization at the top.