agent of production

agent of production

n
(Economics) another name for factor of production
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It is the main stock of wealth regarded as an agent of production rather than as a direct source of gratification (Marshall, 1983)'.
We believe that a more coordinate attitude and more attention driven to human competencies, investing in such competencies, may lead to sustainable competitive advantage for any agent of production. Also we consider that organizations competitiveness can benefit from sustainability premise if at his level there are specific policies that encourage permanent investment in people, abilities and skills.