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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

What are the four kinds of resources?

Summary Introduction

To determine: The four kinds of resources.

Introduction: Management is a solitary or gathering of people who challenges and directs a man or aggregate gathering of individuals in endeavoring to achieve required objectives and targets. It is the way toward planning individuals and different assets to accomplish the objectives of a business.

Explanation

The four kinds of resources are as follows:

  • Financial resources: These resources are the cash that are used to pay the workers, buy raw materials, and the financial dealings which are required to operate the business operations.
  • Material resources: These resources incorporate the raw materials utilized as a part of the assembling procedure and also buildings and equipments...

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