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ratelena [41]
3 years ago
9

A leader earns the respect and cooperation of employees to effectively accomplish the work of the organization. * 2 points True

False
Social Studies
1 answer:
Vladimir [108]3 years ago
3 0

Answer:

True.

Explanation:

Okay, I will start by quoting one of Myles Munroe quotes on leadership, it says;

"Leadership is the capacity to influence others through inspiration motivated by passion, generated by vision, produced by a conviction, ignited by a purpose."

Leadership is all about leading people to achieve certain goal(s). In order to do that a leader must be able to influence his/her workers/employers, a leader's influence will make them(the workers or employers) to respect the leader and down the line, cooperation comes with which everyone can work towards the specific goal(s).

If a leader can not earn the respect and cooperation of his/her employees, to achieve the work of the organization will not be easy, the leader can not do it on his/her own, he/she needs his/her employers support.

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Resources needed to provide goods or services are called factors of production  

<h2>Further Explanation: </h2><h3>Factors of reproduction  </h3>
  • Factors of reproduction are inputs or resources that are used in the generation of goods and services with an aim of making profit.
  • There are four main factors of production which include;
  1. Land  
  2. Labor  
  3. Capital  
  4. Entrepreneurship  
<h3>Land  </h3>
  • This refers to all the natural resources that are available to be used in the production of goods.
  • These natural resources includes raw materials from the ground, non-renewable resources such as petroleum and renewable resources such as timber.
  • The income or reward earned from land as a factor of production is rent.
<h3>Labor  </h3>
  • This refers to the manpower or work done by human beings.
  • The value of labor depends on the skills, education and motivation of workers.  
  • The reward for labor as a factor of production is wages and salaries.
<h3>Capital  </h3>
  • This refers to the capital goods, that is, man-made objects that are used for production of goods and services such as machinery, equipment and chemicals.
  • They also include industries and commercial buildings.
  • The reward or income earned from capital goods is interest  
<h3>Entrepreneurship  </h3>
  • It involves coming up with an idea and developing it into profitable business.
  • An entrepreneur is therefore an individual who combines the other factors of production to build a business and add the supply in the economy.
  • The reward or income earned by entrepreneurs is profit.

Keywords: Factors of production, labor, land, capital  

<h3>Learn more about </h3>
  • Factors of reproduction: brainly.com/question/4335697
  • Reward for factors of reproduction: brainly.com/question/3884238
  • Capital goods: brainly.com/question/11672036
  • Consumer goods: brainly.com/question/3227054

Level: High school  

Subject: Business  

Topic: Factors of reproduction  

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