Final answer:
An agricultural company utilizing Land for farming, Labor for operations, Capital for equipment and infrastructure, Entrepreneurship for resource organization and market positioning, and Technology for advanced farming techniques represents a business model that creates value by combining these key factors of production.
Step-by-step explanation:
An example of a business that incorporates Land, Labor, Capital, Entrepreneurship, and Technology to create value could be an innovative agricultural company. This company would use:
Capital: Investment in farming equipment like tractors and infrastructure such as irrigation systems.
Technology: Advanced agricultural techniques and genetically modified crops that increase yield.
The entrepreneur plays a crucial role in recognizing the potential of combining these factors to produce high-yield crops, running the operations profitably, and adapting to ever-changing market demands. By doing so, they create a business that not only generates profit but also contributes to food security and innovates within the agricultural sector.