Mark and Joseph are junior photographers with Iclick Studios. Both of them are professional and sincere. However, Mark is recognized as the top performer among Iclick's entry-level employees. This was possible because he acquired the license to use the latest photo editing application, while Joseph did not. According to the performance formula, which of the following factors helped Mark achieve this feat? 1. Ability
2. Skills
3. Motivation
4. Resources

4. Resources.

Explanation:

In this scenario, Mark and Joseph are junior photographers with Iclick Studios. Both of them are professional and sincere. However, Mark is recognized as the top performer among Iclick's entry-level employees. This was possible because he acquired the license to use the latest photo editing application, while Joseph did not. According to the performance formula, the resources acquired helped Mark achieve this feat.

Resources in economics can be defined as a set of tangible assets or materials that are used for the production of goods or used for the rendering of services that meets the insatiable needs of people at a specific period of time.

In Economics, resources can either be any of the four (4) factors of production and these are;

1. Land.

2. Entrepreneurship.

3. Labor.

4. Capital.

In this context, Mark is the top performer among Iclick's entry-level employees because he acquired the license to use the latest photo editing application (a scarce but desired resources), while his colleague, Joseph did not.

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