BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ENVIRONMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following are considered to be natural resources?
A
Employees
B
Oil
C
Wheat
D
Screw driver
Explanation: 

Detailed explanation-1: -Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water. Animals, birds, fish and plants are natural resources as well. Natural resources are used to make food, fuel and raw materials for the production of goods.

Detailed explanation-2: -They are subdivided into four categories: mineral and energy resources, soil resources, water resources and biological resources. Wheat and cereal are agricultural products. Neither is naturally occurring and therefore neither is a natural resource.

Detailed explanation-3: -Resources that occur in nature are natural resources. Coal, water, land and forests are natural resources.

Detailed explanation-4: -Wheat is a natural resource. Humans cultivate wheat but it grows naturally and is produced by the Earth, which makes it a natural resource.

There is 1 question to complete.