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Labor refers to the human effort, skills, and work put into the production of goods and services, encompassing both physical and mental activities. Enterprise, on the other hand, involves the organization and management of resources, including labor, to create and run a business or project. While labor focuses on the individual contributions of workers, enterprise emphasizes innovation, risk-taking, and strategic decision-making necessary for business success. Together, they form essential components of economic activity, with labor providing the workforce and enterprise driving organizational growth.
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What are differences between public enterprise and private enterprise?
check your answer
What are the four factors of production in the private enterprise system?
Land, labor, capital, enterprise
What are factor rewards?
A factor production is a productive resource. The four types are land, labor, capital and enterprise. Rewards for land are rent, for capital is interest, for labor is wages and enterprise is profit.
WhaT is the difference between free enterprise and market economy?
The difference between free enterprise and market economy is that in a market economy, thr govevernment has little effect on what you do with your company, and in a free enterprise economy, the government has more control over wat goes on with the company. If you. Are over the age of 12 and you asked this, you need some help because I am 11 and I wrote this.
What is the difference between public corporation and public enterprise?
public corporation is a lad and public enterprise is his cousin
What are differences between public enterprise and private enterprise?
check your answer
What are the differences between books of accounts of a manufacturing enterprise and a merchandising enterprise?
difference between services enterprise and merchandising enreprise and manufacturing enterprise
What is the difference between enterprise and labor?
labour is where someone gives birth to a baby in hospital not sure about enterprise
What is the relationship between businesses and labor?
It is a partnership in the enterprise of making money.
What are the differences between industrial law and labor law?
well i have no clue.
What are the four factors of production in the private enterprise system?
Land, labor, capital, enterprise
What is the differences between Fixed Direct labor with variable direct labor?
Direct labor which do not vary with level of production is fixed direct labor while labor vary with change in production is variable direct labor.
What are the differences between ordinary revenue and capital contributions in an enterprise fund?
Hi email me your question at mr.jayantkumar@gmail.com and I will answer your questions.
What is the difference between the traditional risk management and enterprise risk management?
The differences between traditional risk management and enterprise risk management are their strategic applications and performance metrics. Enterprise risk management involves the whole organization while traditional risk management is usually more departmentalized.
What is differences between the labor market and the product market?
Relationship with humal capital & labour market
Major differences between the parties involved and the processes under Railway Labor Act versus the National Labor Relations Act?
I dont know
What is the Differences between management and labor?
Management manages labor. Managers are also a form of labor within the organization. Managers are charged with leading and directing labor.
