The scenario that's illustrated by Wegman is simply known as A. Job enrichment.
<h3>What is job enrichment?</h3>
It should be noted that job enrichment simply means a process whereby there are different dimensions added in order to make a job more motivating.
In this case, employees are empowered to meet customer needs without seeking a manager's permission abs this is an example of job enrichment.
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Answer:
Teaching or asking a study partner the questions.
Explanation:
When you teach someone you take in the knowledge better and get to help someone else out.
Answer: The invisible hand
Explanation: Invisible hand can be defined as those unobservable market forces which helps the forces of demand and supply to reach to an equilibrium level.
In the given case, Daniel is giving work to local suppliers and jobs to residents as well as producing demand in the market by its products, thus, we can conclude that the given case is an example of invisible hand.
Answer:
the resources used to create output.
Explanation:
Factors of production are the resources used to create output.
They include :
Land : land is all natural resources used in the production process.
Capital - Capital includes all man made resources used in the production process
Labor : all human effort expended in the production process
Entrepreneurship : organizes all other factors of production