Last year, Sara started a business that provides on-site life coaches

QUESTION

Last year, Sara started a business that provides on-site life coaches for overworked executives. Her business has already grown to serve clients in a neighboring state. What could be considered the company’s most important factor of production?

A) entrepreneurship
B) capital
C) human resources
D) natural resources
E) knowledge

ANSWER

Answer: C
Explanation: C) As a personal service grounded in developing relationships with clients, Sara’s coaching staff is the most important wealth builder for her business.