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It is a business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.
Answer:
Land, Labor, Capital and Entrepreneurship
Explanation:
Factors of production are also called 'production inputs.' They are used to produce goods and services in the country. Without them, no economic activity will proceed. They are land, capital, entrepreneurship, and labor.
- Land: It comprises of all the natural physical resources that are exploited to aid production. Examples include fertile farmland, minerals, oils and gas, and space used to put up factories and other commercial ventures.
- Labor: Refer to human input in production. It is the supply of human skills, time, and energy in facilitating production.
- Capital: Are the resources used to produce other goods and services. Capital includes physical and financial assets used to generate more products. They include machinery, equipment, factories, technology, and buildings.
- Entrepreneurship. An entrepreneur is the risk-taker in the production cycle. He invests financial resources in the business. He makes the other factors available and manages the production process.
1.)The percentage of every business that is a partnership is only 7%. Many people prefer to not have partners in their business because of problems it can cause if one can't afford the business anymore.
2.) One major advantage of a business that is a partnership rather than a sole proprietorship is that <span>the responsibility for the business is shared. This way one person does not have everything put on them and they won't have so much stress.
3.) </span><span>The difference between a limited partnership and a limited liability partnership is that when they are in a limited partnership, all partners are limited from liability in some situations.
4.) An asset in a company is the money and other valuables. An example is a diamond store, the assets would be all the inventory of gems and all the money they have.
5.) A general partnership is organized in a way that every partner shares equally in bother the responsibility and the liability. </span>
An organizational hero is a person whose achievements embody the principles of the organization and are put forward to motivate other employees.
Within the context of organizational settings, organizational heroes are those individuals who are admired for their accomplishments and qulaities. They are hard-working and talented people with sheer,strenght, knowledge, and will. The organization's heroes work for long hours to complete the job tasks because other employees in the organization do not possess the required experience, knowledge, or skill to perform the tasks.
The organizational heroes are highly engaged and goal-driven people who inspire other employees to be more engaged and productive. Organizational heroes are critical to the success of the organizations more often in cases when the organizations are dealing with restructuring.
You can learn more about organizational heroes at
brainly.com/question/14885526
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