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Which is a correct example of a resource?

Answer and explanation

Correct answer: Money, time, and materials

Resources are inputs that help a business perform work and reach its objectives. Money can purchase inputs, time is needed to complete activities, and materials may be transformed into products. Skills, people, tools, and information are other examples. Therefore option A is correct; excuses, fear, and laziness are not productive business resources.

Related tags

ResourcesTime-MoneyConceptCharacteristics And Objectives Of BusinessConcept Characteristics And Objectives Of BusinessBusinessTrade And CommerceBusiness Trade And CommerceBusiness StudiesClass 11 Mcq

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