Which of the Following Correctly Lists the Categories of Factors

question 88

Multiple Choice

Which of the following correctly lists the categories of factors of production?

• A) machines, buildings, land, and money
• B) hardware, software, land, and money
• C) capital, money, and labor
• D) owners, workers, and consumers
• E) land, labor, capital, and entrepreneurship

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Definitions:

Executive Coaching

A professional relationship where a coach helps an executive develop leadership skills and achieve professional goals.

Management by Objectives

A management strategy in which employees set goals that are aligned with organizational objectives, fostering participation and commitment.

Organization-wide

Pertaining to practices, policies, and procedures that are implemented across the entire organization, affecting all levels and departments.

Goal Setting

The practice of establishing clear, specific, and achievable objectives to guide an individual's or organization's efforts.