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Resources refer to the available source of wealth. It is very vital for any business because it dictates how fast a given business will grow. In the event of a shortage the reserve supply can always be used

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Q: What is the meaing of the term resources and how vital it is for business?
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What is meant by the term operating resources?

Operating resources are the resources required for a business entity to carry on its day to day work.


What is the meaning of the term business by design?

The meaning of the term business by design is Conceptual blueprint of a firm, it shows interrelationships between the firm's major processes and main resources required in achieving its objectives and in providing value to its customers.


What does the word critical mean?

In terms of business and finance the term of critical often refers to an item (s) that require intense attention. For example, at a corporate board meeting the CEO may make a case that it's critical to the business that a bid be made to the Government to produce x number of military tanks. Not to do so as soon as possible could mean a loss of income that is vital for the company to remain active in the business of producing weapons for the Dept. of Defense. This is an example of the use of the term critical. It basically means this issue requires the utmost attention. A goal that is vital.


Can someone in Human Resources get their nails done?

Human resources staff handles numerous matters on the subject of the employees of a company for instance hiring and benefits management. Human resources staffs also work with management to help extend long term strategies for the intensification and development of a business. Human resources departments over and over again take action as a middleman involving employees and management and should be where employees go for fundamental business information.


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what does the term B2G stands for in business model?

Related questions

What is the meaning of the term resources and how vital it is for buisiness?

Resources is an umbrella term used in a business to describe anything used in a company to provide a good or a service.   For example in a beauty salon resources might be: People - the staff working in the salon ICT - the till and booking system Premises - the building Machinery - floor cleaner, hair dryers etc   Resources are vital for any business because without them there is only a good idea!  Any business - even a charity - will need resources to trade and either produce the goods or provide the service to the customer.  


What is meant by the term operating resources?

Operating resources are the resources required for a business entity to carry on its day to day work.


What is the difference between the biological term fitness and the common meaing of the world?

My dck


What is short term financial resources?

Short term financial resources are the financial resources that can facilitate businesses to seize quick business opportunities when there is a short time. The types of short-term financing are lease, credit cards, bank loans, bank overdraft, trade credit.


What does the term '360 degree appraisal' stand for in human resources business area?

The term 360 degree appraisal in human resources means that one has been evaluated by their supervisor, peers, subordinates, as well as self evaluation.


What is business strategies?

A term used in business planning that implies a careful selection and application of resources to obtain a competitive advantage in anticipation of future events or trends.


What is the meaning of the term business by design?

The meaning of the term business by design is Conceptual blueprint of a firm, it shows interrelationships between the firm's major processes and main resources required in achieving its objectives and in providing value to its customers.


Are guns human resources?

The term human resources refers only to people. For a business, human resources means employees. Human resources does not mean resources that are used by people, because people use all resources, so that interpretation would just include everything. Guns are a different kind of resource. They are a product of industry, and could be described as an industrial resource.


What does the term vital statistics refer to in statistics?

Births and Deaths


What does the word critical mean?

In terms of business and finance the term of critical often refers to an item (s) that require intense attention. For example, at a corporate board meeting the CEO may make a case that it's critical to the business that a bid be made to the Government to produce x number of military tanks. Not to do so as soon as possible could mean a loss of income that is vital for the company to remain active in the business of producing weapons for the Dept. of Defense. This is an example of the use of the term critical. It basically means this issue requires the utmost attention. A goal that is vital.


What is the meaning of recursos humanos?

'Recursos humanos' is a Spanish term and it means human resources. It has the same use as the English phrase does and so is used mostly in business environment.


What part of the limbic system is vital in converting short-term memory to long-term memory?

hippocampus