BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Raw materials (i.e. cotton, oil ____ etc.)
A
Land
B
Labor
C
Capital
D
Entrepreneurship
Explanation: 

Detailed explanation-1: -Examples of raw materials include steel, oil, corn, grain, gasoline, lumber, forest resources, plastic, natural gas, coal, and minerals.

Detailed explanation-2: -Cotton, jute, linen are raw materials obtained from plants while wool is a raw material obtained from sheep. All these raw materials are processed into yarn and further processed into fabrics.

Detailed explanation-3: -Raw material for textile industry is cotton, jute, wool raw silk and synthetic goods. India being a vast country presents major variations in the availability of industrial raw material.

There is 1 question to complete.