SSC MTS EXAM

SSC

WORLD GEOGRAPHY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is the best example of a capital resource?
A
educational levels
B
skilled laborers
C
oil
D
money for investments
Explanation: 

Detailed explanation-1: -Capital resources are assets that a business uses to manufacture goods and provide services. These assets may include machines, buildings and vehicles.

Detailed explanation-2: -The four major types of capital include working capital, debt, equity, and trading capital.

Detailed explanation-3: -Capital Resources refer to all the man-made assets that are used to manufacture goods. These resources include tools, machines, equipment, buildings, etc. Any tool or resource employed by a business in the production process of goods or services is termed as a capital resource.

Detailed explanation-4: -Office buildings. Production processes. Tools. Vehicles. Manufacturing facilities. Heavy machinery. Proprietary software. Inventory. More items •17-Aug-2021

There is 1 question to complete.