MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Not a capital resource
A
supplies
B
buildings
C
equipment
D
petrol or gasoline
Explanation: 

Detailed explanation-1: -Natural resources like gas, oil and coal are used up, or depleted, when a business uses them. The trucks that a delivery service owns are capital resources that can be used again and again, but the gas the company uses to operate them is depleted during use.

Detailed explanation-2: -Money is not considered a capital resource because it is unable to produce anything. Entrepreneurs use their entrepreneurial skills and combine all the necessary factors of production to produce goods and services for society.

Detailed explanation-3: -Capital resources include money to start a new business, tools, buildings, machinery, and any other goods people make to produce goods and provide services.

There is 1 question to complete.