Which of the following is not considered a traditional factor of produ
QUESTION
Which of the following is not considered a traditional factor of production?
A) capital
B) natural resources
C) human resources
D) knowledge
E) entrepreneurship
ANSWER
Answer: D
Explanation: D) Management guru Peter Drucker considers knowledge to be an important production factor even though it is not a traditional one. The use of information technology in business seems to support his thinking.
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