When determining the best allocation of resources and making trade-off decisions, businesses must particularly consider C. labor. Labor is a limited resource that directly impacts production capabilities and operational efficiency. While consumer preferences, attention, and profit are important factors in decision-making, they are not considered limited resources in the same way that labor is.
Which of the following limited resources must be businesses condier when determining the best allocation of its resources and making trade-off decisions?
A. consumer preferences
B. attention
C. labor
D. profit
1 answer
1 answer