Factors Production is the process of combining natural resources and labor in order to produce goods or services. It is a complex system involving the use of capital, technology, risk management, operational knowledge and decision-making skills to ensure efficient production. Factor Production is an essential element of businesses aiming to remain competitive in any industry. It involves the strategic coordination of assets such as raw materials, human resources, machines, technology, and information systems in order to produce goods and services efficiently and effectively. Furthermore, it requires close collaboration between different departments within the organization and external parties to ensure that all factors are met. In sum, Factors Production is a fundamental part of business success!