The combination of equipment and skills which managers use in the production and distribution of goods is(are)known as:
A)Economies of scale
B)Inflation
C)Competitive advantage
D)Technology
E)Economic forces

Question

Quizplus · Accepted Answer

Technology is the combination of tools,machines,computers,skills,information,and knowledge that managers use to design,produce,and distribute goods and services.

The Combination of Equipment and Skills Which Managers Use in the Production