The correct answer would be option E, Taking attention away from real work.
According to goal setting theory, goal setting helps motivate you by doing all except taking attention away from the real work.
Explanation:
In a goal setting theory, the action plan is developed. The individual or the group of people who are involved in this process are being motivated by setting a goal and developing an action plan to reach that goal.
Many strategies can be used to reach the goal. The most important criteria in the goal setting is SMART criteria. This goal setting criteria ensure that the goal is SMART, which means the following:
- Specific
- Measurable
- Achievable
- Realistic
- Time bound
By setting goals, an individual or a group of individuals get a clear direction, and the persistence increases, strategies and action plans motivate and give a path to people to reach towards the goal. BUT it does not take the attention away from real work, rather it makes the person more focused and clear about the goal.
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Rule of law and and respect of rights basically equal rights for all humans
Answer and Explanation:
Factors of production are resources or inputs put into the production of goods and services. There are four factors of production. They are: land, labour, capital and entrepreneurship
Land is considered a non depreciablle factor of production. It refers to all natural resources or gifts of nature and income from it is called rent.
Labour is human capital or input in production example workers in a factory
Capital is man made goods utilized to produce other goods
Entrepreneurship/entrepreneur is the factor of production that organizes the other factors of production and carries the economic risk
From the example, the factors of production include:
The forest with all the wood which falls under land factor of production.
Bill who falls under labour factor of production
His father's chainsaw which falls under capital factor of production
Bill's idea to use logs of wood for Christmas tree business constitutes entrepreneurship and Bill is also the entrepreneur here. This falls under the entrepreneurship factor of production
OHH I REMEMBER! It was Ambrose Burnside. So the answer is (A