3d Resources Flashcards
1
Q
What are 3 types of resources?
A
Natural resources
Labour resources
Capital resources
2
Q
What are resources?
A
Resources are the items required by a business to produce its goods and services.
3
Q
What should you consider with resources?
A
supplier considerations the nature of resources corporate social responsibility (CSR) cost quality
4
Q
What are natural resources?
A
Natural resources are items from the organic environment that are used in the production of goods and services.
5
Q
What are labor resources?
A
Labour resources are the people who provide the business with their skills and qualifications to conduct business activities.
6
Q
What are capital resources?
A
Capital resources are man-made goods used in the production of goods and services.
