Which is an example of resources in business?
Answer and explanation
Correct answer: Money, time, people, and materials
Business resources are the inputs used to perform activities and achieve objectives. Money finances operations, time supports scheduling, people provide labour and skills, and materials are used in production or service delivery. Thus option A is correct. An empty promise, false information, or customer anger is not a productive resource for carrying out business work.
Frequently asked questions
What is the correct answer to this question?
Money, time, people, and materials
Why is this the correct answer?
Business resources are the inputs used to perform activities and achieve objectives. Money finances operations, time supports scheduling, people provide labour and skills, and materials are used in production or service delivery. Thus option A is correct. An empty promise, false information, or customer anger is not a productive resource for carrying out business work.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Business, Trade and Commerce. Topic: Concept, characteristics and objectives of business.
