Pepsi, an established, global cola manufacturer, likely uses the following examples of the factors of production today:

Question

Quizplus · Accepted Answer

Pepsi likely uses labor (such as factory workers and marketers) and natural resources (such as sugar and water) to produce their cola products. While cash and entrepreneurs are important for running a business, they are not necessarily factors of production in the same way that labor and natural resources are. Knowledge and entrepreneurship may be involved in the development of new products or business strategies, but are not necessary for the ongoing production process.

Pepsi, an Established, Global Cola Manufacturer, Likely Uses the Following