GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not a business resource?
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Man-made
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Capital
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Natural
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Human
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Explanation:
Detailed explanation-1: -Answer and Explanation: The correct answer to the given question is option c. Money. The four resources or factors of production for goods are land, labor, capital, and entrepreneurship.
Detailed explanation-2: -The resources you need to start a business can be broken into five broad categories: financial, human, educational, emotional and physical resources.
Detailed explanation-3: -Three standard company resources that combine to create competitive advantage are a company’s financial strength, its enterprise knowledge and its workforce. If financial resources are weak, the company is not able to produce enough to grow.
There is 1 question to complete.