Janan has been running a furniture refinishing business for more than ten years. The business has continued to grow, and she finds that she has less time for the administrative facets of her business. Janan decides to hire an office manager who has knowledge of accounting and payroll to assist her. Which of the five factors of production is Janan most impacting?
A) entrepreneurship
B) human resources
C) capital
D) risk
E) knowledge

Question

Quizplus · Accepted Answer

Janan is impacting the human resources factor of production by hiring an office manager to assist with administrative tasks, including accounting and payroll. This action directly involves adding personnel to handle specific business operations.

Janan Has Been Running a Furniture Refinishing Business for More