The factors of production include
a. natural resources
b. labor
c. government assistance
d. entrepreneurship
e. all of the above
e. all of the above
You might also like to view...
Drudgen Fitness Inc. is a fitness equipment provider that markets its products through a chain of retail outlets in four states. As part of its expansion strategy, the company decides to open outlets in four more states and decides to revise its existing business processes. According to the five-component model of information systems, which of the following processes will be the least disruptive to the organization?
A. developing new CRM software for the existing and new outlets B. relocating existing employees and hiring new employees C. buying and installing new computers in the new outlets D. changing the sales, reporting, and compensation procedures E. collecting demographic data from the new markets
What type of leader is one who is self-centered, highly manipulative, promotes his or her self, is emotionally cold, and can engage in aggressive behavior?
A. narcissistic B. impulsive C. machiavellian D. unrealistic
The five forces of competitive pressures do not include
A. the threat of new entrants into the market. B. the attempts of companies in other industries to win customers over to their own substitute products. C. the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry. D. the power and influence of social/demographic trends. E. the bargaining power of suppliers and seller-supplier collaboration.
Buyers who are less responsive tend to be task-oriented.
Answer the following statement true (T) or false (F)