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What does the term resource mean?

Answer and explanation

Correct answer: A tool, material, or facility that helps complete a task

A resource is anything useful that can support an activity or help achieve an objective. In business, examples include money, time, workers’ skills, materials, machines, information, and facilities. A problem, mistake, or fear may affect work, but it is not normally a resource used to complete it.

Related tags

ResourcesBusiness InputsEntrepreneurshipConceptCharacteristics And Objectives Of BusinessConcept Characteristics And Objectives Of BusinessBusinessTrade And CommerceBusiness Trade And CommerceBusiness Studies

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