ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Knowledge is a human resource.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Knowledge is a vital part of human resources in an organization. It assumes that human capital in an organization is an element of intellectual capital.

Detailed explanation-2: -People use natural resources to make buildings, bridges, roads, machinery and vehicles, which are known as human made resources. Technology is also a human made resource.

Detailed explanation-3: -Humans have the ability to make the best use of nature to create more resources when they have the knowledge, skill and the technology to do so. That is why human beings are considered as special resources.

There is 1 question to complete.