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Human financial resources refer to the money and investments individuals possess, while physical resources are tangible assets such as property, equipment, and materials. Both types of resources can be leveraged to achieve personal goals or organizational objectives.
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Difference between human capital and physical capital?
Human capital refers to the knowledge, skills, and attributes that individuals possess, including education and experience that contribute to their productivity. Physical capital, on the other hand, refers to tangible assets such as machinery, equipment, and infrastructure that are used in the production process. While human capital is intangible and resides within individuals, physical capital is tangible and can be seen and touched.
five major problem facing ecowas?
Limited financial resources for infrastructure development and member state support. Political instability and conflict in certain member states. Socioeconomic disparities among member countries leading to uneven development. Issues related to regional integration and harmonization of policies. Challenges in addressing transnational issues like terrorism, human trafficking, and climate change.
What is agood speech for student council auditor?
As the student council auditor, I am committed to ensuring transparency and accountability in our school's finances. I will work diligently to oversee budgets, track spending, and report on financial matters to ensure that our resources are being used efficiently and effectively. I believe in upholding integrity and honesty in all financial transactions for the benefit of our school community.
How does climate influence human ctivities?
Climate influences human activities by affecting agriculture, energy production, transportation, and tourism. Extreme weather events and natural disasters can disrupt these activities, leading to economic losses and human displacement. Changes in temperature and precipitation patterns also impact health, water resources, and overall quality of life.
What department handles financial matters?
The finance department typically handles financial matters within an organization. They are responsible for managing budgets, financial forecasting, financial reporting, and ensuring compliance with financial regulations.
Why must a company have financial resources before it can use human and physical resources?
Because if a company doesn't have financial resources, it can;t pay for any human or physical resources.
What is the diffrence between human and physical resource?
Human resources refer to the people who work for an organization, while physical resources are the tangible assets such as machinery, equipment, and infrastructure. Human resources are essential for driving innovation and productivity, while physical resources are necessary for supporting operations and production. Both types of resources play a crucial role in the success of an organization.
Categories of business resources?
Business resources can be grouped into several categories. The most useful resources include financial resources, human resources, physical resources and intangible resources.
Why is human resource more important than physical resources?
because with out human resources there would be no physical resources
Four basic types of organizational resources?
Classifications of organizational resources are: human resources, financial resources, physical resources, and technological resources.
Why human resource more important than physical resource?
because with out human resources there would be no physical resources
What are non financial resources?
human resource, time,
2 groups of resources of home management?
-physical resources -Human resources
What is natural resources human resources and physical resource of Grenada?
h
What are the four resources that must be combined to organize and operate a business?
Human Resources, Material Resources, Informational Resources, and Financial Resources.
Types of physical resources?
are landform human
Why is human resources are more important than physical resources?
It is more important because without it, there would never be physical resources.
