BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The resources that a business must manage include:
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Human
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Financial
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Material/Information
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All the Above
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Explanation:
Detailed explanation-1: -Such resources may include financial resources, inventory, human skills, production resources, or information technology (IT).
Detailed explanation-2: -Factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
Detailed explanation-3: -The Four Elements of Successful Management: Select, Direct, Evaluate, Reward.
There is 1 question to complete.