BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What resources are the equipment and supplies that a business needs to produce and/or sell their products?
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Human Resources
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Financial Resources
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Material Resources
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Information Resources
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Explanation:
Detailed explanation-1: -4 Key Resources-The four basic kinds of resources used to produce goods and services: land or natural resources, labor or human resources, capital, and entrepreneurship.
Detailed explanation-2: -In economics, factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
Detailed explanation-3: -Key resources can be physical, financial, intellectual, or human.
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