| Factors of Production | Definitions | Management functions | 
|---|---|---|
| 
					  What is Land ?					 
					 This factor of production refers to all natural resources | 
					  What is Barter ?					 
					 The exchange of goods and services for other goods and services | 
					  What is Motivating?					 
					 This function focuses on encouraging workers to do their jobs | 
| 
					  What is Labour ?					 
					 This factor of production refers to Human Resources | 
					  What is a Democratic leader ?					 
					 A leader who listens to the opinions of others | 
					  What is Planning ?					 
					 This function is about setting goals for the future of the business. | 
| 
					  What is Capital ?					 
					 This factor of production refers to assets such as plant and machinery | 
					  What is the Finance Department ?					 
					 This department is responsible for paying workers' salaries | 
					  What is Staffing ?					 
					 This function involves hiring and firing workers | 
| 
					  What is Manual Labour ?					 
					 This type of labour requires physical strength to do the job | 
					  What is Domestic production ?					 
					 This type of production refers to production for the local market | 
					  What is Organizing ?					 
					 This function ensures that workers get the necessary materials to perform the job | 
| 
					  What is the Entrepreneur ?					 
					 This person is responsible for organizing the Land, Labour and Capital in a business | 
					  What is the Brain Drain Effect					 
					 The migration of skilled labour from one country to another | 
					  What is Evaluating ?					 
					 This function checks the work performed with the task to be done. |