Multiple choice

Directions: Choose the correct option for the given question.

_____ is a major constraint on all the operational activities of the organisation.

  1. Limiting factor

  2. Production

  3. Marketing

  4. Sales value

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

A limiting factor (or key factor) is any constraint that restricts the volume of activity of an organization, such as labor, materials, or machine capacity. It is the factor that prevents the company from achieving higher sales or production.