ENTREPRENEURIAL OPERATIONS
TIME MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -(d) Time: It is a resource available to everyone equally. There are 24 hours in a day and every one spends it in her/his own way. Time once lost cannot be regained. Hence, it is the most valuable resource.
Detailed explanation-2: -Equitable distribution of resources is when every individual gets an equal right to access all the available resources and is benefited directly or indirectly. Equitable distribution of resources is necessary as we all human beings, whether rich or poor have got equal rights on the usage of the resources.
Detailed explanation-3: -Resources are distributed in different ways and in different amounts throughout the world. Often the result of past geologic processes such as volcanic activity or tectonic movement, this unequal distribution means that various quantities of certain resources are only available to some people.
Detailed explanation-4: -Hence, human resource is the ultimate resource. Healthy, educated and motivated people develop resources as per their requirements. Human resources like other resources are not equally distributed over the world. They differ in their educational levels, age and sex.