Cathy is a one-woman dynamo. She knows her idea for in-home cupcake de

QUESTION

Cathy is a one-woman dynamo. She knows her idea for in-home cupcake decorating parties will be a smash. With her energy, personality, and creativity, she’s sure this will make her rich.

What should Cathy step back and consider first for her business if she wants to build wealth?
A) tax liabilities
B) human resources
C) factors of production
D) income drivers
E) outsourcing opportunities

ANSWER

Answer: C
Explanation: C) Businesses rely on resources, or factors of production, to create wealth.