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Is labour a major factor for business production.
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[QUOTE="CALVINDOL, post: 242625, member: 43757"] Labour is not the only factor of production but yet it is the most important factor of production compared to other factors of production . It is assumed and consider that without the existence of labour in a business organisation such business organisation will not move forward . It is very mandatory that we understand that labour play a very keen role in the success determination of a particular business especially when applied in the right and beneficial way that affect the business positively . There is absolutely one thing that we must understand about the factor of production which is labour that is the fact that labour has the ability to be motivated and has the ability to be unmotivated . It has never been easy to employ the most qualified employees as a business employer but yet business employers usually try to make sure that the employees they employ are of high qualified rate , and they have the requisite authority at the ability to carry out business goals and objectives so that it could be accomplish and achieve the right and effective way . To motivate the ability to work in your employees it is advised that you are the business employer show a sense of gratefulness and appreciation for the past business goals and objectives that they have accomplished in this way they will be likely motivated to accomplish more . [/QUOTE]
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Is labour a major factor for business production.
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