3D Flashcards
(5 cards)
1
Q
Resources
A
Resources are the item required by a business to produce its goods and services.
2
Q
Quality
A
Quality is the degree of excellence that something has.
3
Q
Natural resources a
A
Natural resources are items from organic environment that are used in the production of goods and services.
4
Q
Labour resources
A
Labour resources are the people who provide the business with their skills and qualifications to conduct business activities.
5
Q
Capital resources
A
Capital resources are man - made goods used in the production of goods and services
