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Sabine opens a small marketing firm in her hometown. She is fortunate to have a great location in the downtown business district and a steady client base. However, she is concerned that her current staff has run out of great ideas. Sabine advertises for a new marketing director with experience in the industry and a high degree of creativity. Which factor of production is Sabine acquiring

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Answer:

Human resources

Explanation:

A business needs various types of resources to be successful in meeting it's objectives. Various types of resources available to a business include human resources, capital, raw materials and so on.

Human resources is made up of people that make up the workforce of a business. The main contribution of human resources are labour and skill.

In the given scenario Sabine is concerned that her staff have run out of ideas and she needs people with high degree of creativity.

She is about to acquire a human resource to provide a needed skill in her marketing firm

The factor of production that Sabine is acquiring in the given situation would be:

A). Human Resources

  • "Human Resources" are described as the factor of production that functions to utilize the other two factors("land and capital") to manufacture various goods, as well as, services.
  • In the given situation, the 'hiring of a new marketing director" exemplifies the acquisition of human resources that will assist Sabine to make use of her other resources/factors efficiently.
  • Thus, option A is the correct answer.

Learn more about "Factors of Production" here:

brainly.com/question/14630130

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