Why is proper use of resources important?
Answer and explanation
Correct answer: Because it saves time, money, and materials
Resources such as money, time, labour, and materials are often limited. Using them properly reduces waste, controls costs, improves productivity, and helps the business achieve more with what it has. Therefore option A is correct. Wasteful use does the opposite and can reduce service quality or profitability; it does not end the need for planning.
Frequently asked questions
What is the correct answer to this question?
Because it saves time, money, and materials
Why is this the correct answer?
Resources such as money, time, labour, and materials are often limited. Using them properly reduces waste, controls costs, improves productivity, and helps the business achieve more with what it has. Therefore option A is correct. Wasteful use does the opposite and can reduce service quality or profitability; it does not end the need for planning.
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.
