The Seven Factors of Production
Current Journal of Applied Science and Technology · pp. 217–232 · Published 23 Oct 2014
10.9734/BJAST/2015/12080Abstract
The review of the Factors of Production is reported. The dynamics and response of globalization has rubbished the age long definition of factors of production. General management as entrenched in operations and production in the past centuries gave birth to non-responsive and dormant factors of production which dictated public service bureaucracy. Information and Time change were of no essence. Bureaucracy has been swept off the stage in the face of the emerging technology-driven global markets were competitiveness demands that the consumer/customer is king. In this era, Information and Time are considered of great essence to the success or failure of products/project delivery to the consumer. Consequent on the above, the review has revealed seven factors of Production which are relevant and sufficient to drive the global markets.
Cited by 0
No indexed citations yet.
Related research
- Enhancing Crop Productivity with Biofertilizers: Exploring Multifunctional Benefits — shares topic coverage
- A Review of Foliar Fertilization of Some Vegetables Crops — shares topic coverage
- Trends in Area, Production and Productivity in Onion in Tamil Nadu — shares topic coverage
- Conservation Tillage and Nutrient Strategies Enhances Crop-Water Productivity and Economic Profitability of Wheat (Triticum Aestivum L) — shares topic coverage
- Formulation of Cost-effective Medium Using Urea as a Nitrogen Source for Arthrospira platensis Cultivation under Real Environment — shares topic coverage
Article metrics
Real usage data collected on this platform.
0
Page views
0
PDF downloads
0
Outbound clicks
0
Citations
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
No views recorded yet.
Traffic sources
Referring site, by host.
No traffic recorded yet.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.