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What do you understand by basic economic problem?
The basic economic problem is scarcity of resources which is caused by the existence of alternative uses of resources
Has the responsibility for deciding which allocation of resources and rewards in a business makes the most business sense?
Project managers and department managers determine what allocation of resources makes the most sense for the business. Based on the availability of resources, business start and stop projects.
How would effective use of resources contribute to the profit of a business?
How would effective use of resources contribute to the profit of a business?
How would effective use of resources contribute to the profit of a business -?
How would effective use of resources contribute to the profit of a business?
What three kinds of resources does a business need to manufacture products?
Natural resources, human resources, and capital resources.
What is business basic?
business basic is the understanding and use of technologies and resources in pursing fundemental business principles and practises
What are the 7 M's of basic business resources?
The 7 M's of basic business resources are: money, materials, machines, methods, manpower, management, moment
What are the different business basic resources?
man money machines materials methods -daniecka_camille@yahoo.com
Four basic types of organizational resources?
Classifications of organizational resources are: human resources, financial resources, physical resources, and technological resources.
What are the basic resources used at samsung electronics?
what are the basic resources used at samsung?
Resources owned by a business?
Resources owned by a business are either assets or money that the business can use to make profit. Employees of the business are also known as human resources.
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.
Examples of the types of responsibility center?
A business can acquire so many responsibility centers. But there are basic responsibilities in which a business is build on. Those centers are human resources and administration, accounting, production order, and legal.
What are the seven basic resources in a system?
The seven basic resources in a system typically include people, information, materials, equipment, facilities, technology, and financial resources. These resources are essential for the functioning, efficiency, and effectiveness of any system, whether in business, education, or other organizational contexts. Each resource plays a critical role in achieving the system's objectives and ensuring smooth operations. Proper management and integration of these resources are vital for optimal performance.
What are the basic elements of accounting and their meaning?
The basic elements of accounting are assets liabilities and capital and they all have meaning. Assets are the resources that a company owns and utilizes for the business. Liabilities are simply obligations or debts that the company owes. Capital on the other hand is the money that is invested in the business in order to generate revenue.
What did the the terms of basic and circulating resources mean to Marx?
For Karl Marx, the means of labor are considered basic resources and the objects of labor are considered circulating resources.
What is basic mathematics for business?
Arithmetic and algebra are some of the basic maths used in business. Statistics are also used in the business world.
