Select the correct response to fill in the blank. 'The structure of Australia's "new workforce" has had a significant effect on the way that managers must manage their workers, because when _____________ becomes the most important resource, people become more valuable, since production and potential profits reside within people.'
A) machinery
B) factories
C) land
D) knowledge
E) capital

Question

Quizplus · Accepted Answer

The sentence states that when a certain resource becomes the most important, it becomes more valuable, and production and profits reside within it. This indicates that the blank should be filled with a resource that is not machinery, factories, land, or capital, as the sentence suggests that these resources are not the most important. The only option left is knowledge, which fits with the idea that people (workers) are the most valuable resource in Australia's "new workforce" because their knowledge and skills are essential for production and potential profits.

Select the Correct Response to Fill in the Blank