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Is labour a major factor for business production.
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[QUOTE="funmi, post: 226735, member: 38880"] This is an amazing question indeed. Labour plays a keen role in the course of production. Production is described as the process of transforming raw materials into finished goods and transporting same to the final customer. In the case of carrying out this whole process one essential factor to consider is labour which has been categorized in skilled, semi skilled, and unskilled labour. One things that is common with labour is that it requires both physical and mental ability depending on the category that one may themselves. So amongst the four factors of production which includes Land, entrepreneur and capital. All these factors a lot of roles in ensuring that production is complete and very effective. So after all the careful consultation of what to produce and how to produce, we will also look at how the goods and services will get to their defined destination. In the process of doing this, labour will certainly be involved. Now for a factory to successfully carryout their production phase they will certainly require the effort of labourers, and this labourers will in class and categories. Ranging from skilled down to the unskilled as everyone of them will surely have a role to play. [/QUOTE]
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Is labour a major factor for business production.
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