Financial managers: Question 5 options: 1) play such an important organizational role that they often are called operations managers 2) focus on profit maximization 3) are not typically involved in long-term strategic planning 4) are simply a type of bookkeeper 5) are described by none of the above

The correct answer is C, Labor.

Explanation:

In this example the employee represents the Labor factor of production. Labor is the force consist of people who uses the other resources to make the things done. So Alexandra hired a part time employee who handles the book keeping activities of the company, that means he is putting his mental and physical efforts to keep the records. So he falls in the Labor category of the Factors of Production.