One of the inputs in production that can be motivated by remuneration is

Assessment: JAMB UTME - Commerce - 2012 Subject: Commerce

Question 1 Report

One of the inputs in production that can be motivated by remuneration is
Answer Details
The input in production that can be motivated by remuneration is "labour." Labour refers to the effort and time put in by workers to produce goods and services. Remuneration, in this context, refers to the payment or compensation that workers receive for their labour. In most cases, workers are motivated to work harder and produce more when they receive higher wages or salaries. When workers are paid well, they are more likely to be satisfied with their job, and they may also feel valued and appreciated by their employers. This can lead to increased productivity and better quality of output, which can ultimately benefit both the workers and the business. On the other hand, if workers are not paid enough, they may be less motivated to work hard and may even seek employment elsewhere. This can lead to decreased productivity, lower quality output, and higher turnover rates, which can ultimately harm the business. In summary, remuneration is an important motivator for labour in the production process, as it can influence workers' levels of productivity and job satisfaction.

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