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प्रश्न
State with reason whether you agree or disagree with the following statement.
Labour is a perishable factor of production.
उत्तर
Yes, the statement given above is correct. This is because labour refers to the people who actually use the land and capital to produce goods. It refers to the exertion by the human body and mind with the objective of earning a living. It is considered to be perishable in nature because, if the labourer (worker) is absent for a day, that day’s labour (exertion) is gone forever and cannot be brought back.
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संबंधित प्रश्न
An entrepreneur is called a leader of the organization.
Functions of an Entrepreneur.
Define or explain the following concepts:
Entrepreneur
Write short notes on Risk and uncertainty-bearing function of an entrepreneur.
Write short note of Qualities of an Entrepreneur?
Write answer in 'one' or 'two' paragraph :
Write the functions of an entrepreneur.
Distinguish between Man-made factors and Natural factors.
State with reason whether you agree or disagree with the following statement.
Profit is a reward for bearing risk only.
State with reason whether you agree or disagree with the following statement.
All risks are insurable.
Answer in detail
Entrepreneur is the 'captain of an industry', explain.
Explain in detail the functions of an entrepreneur.
Distinguish between the following:
Insurable risk and non-insurable risk
Distinguish between the following:
Labour and entrepreneur
Write short note on the following:
Qualities of an entrepreneur
Define or explain the following concept:
Entrepreneur
Give reason or explain:
The entrepreneur is called a leader of the organization.
Match the following:
|
Group A
|
Group B
|
| 1. Production |
a. Profit
|
| 2. Land |
b. Captain of industry
|
| 3. Labour |
c. Creating utility
|
| 4. Reward of capital |
d. Rent
|
| 5. Reward of entrepreneur |
e. Interest
|
|
|
f. Wages |
Fill in the blank with appropriate alternative given below
__________ is a leader of organisation.
