As a business owner, Laura recognizes she needs to be knowledgeable about both her particular business as well as the market and economic data surrounding her business. Because of this, Laura has worked hard to develop a specialized knowledge and expertise about her business over the years, utilizing the factor of production known as:

Question

As a business owner, Laura recognizes she needs to be knowledgeable about both her particular business as well as the market and economic data surrounding her business. Because of this, Laura has worked hard to develop a specialized knowledge and expertise about her business over the years, utilizing the factor of production known as:

(1 point)
Responses

entrepreneurship.

entrepreneurship.

information resources.

information resources.

natural resources.

natural resources.

labor.

Answer 1

i dont think it is that because Entrepreneurship is the creation or extraction of economic value.

Answer 2

Apologies for the confusion. Given the context provided, it is more accurate to consider Laura's specialized knowledge and expertise as utilizing the factor of production known as information resources. This term refers to the data, information, and knowledge that is necessary for a business to operate effectively and make informed decisions.

Answer 3

The answer is "information resources".

Answer 4

entrepreneurship.

Answer 5

i dont think it is that because Entrepreneurship is the creation or extraction of economic value.

The answer is "information resources".

entrepreneurship.

The correct answer is entrepreneurship.