GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Factories
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Technology
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Machinery
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Company Vans
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Detailed explanation-1: -Capital resources include money to start a new business, tools, buildings, machinery, and any other goods people make to produce goods and provide services.
Detailed explanation-2: -It is useful to differentiate between five kinds of capital: financial, natural, produced, human, and social. All are stocks that have the capacity to produce flows of economically desirable outputs. The maintenance of all five kinds of capital is essential for the sustainability of economic development.
Detailed explanation-3: -Capital resources are artificial resources which are made by human. These resources are not found in nature. Examples of such resources are machines, furniture, buildings, electric appliances and other man made materials. These resources are used to make other products.
Detailed explanation-4: -There are mainly three types of capital resources: Physical Capital Resources (machinery, tools, etc.), Human Capital Resource (knowledge or skills provided by employees), and Intellectual Capital (shared information among employees).