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To make a business successful, essential Natural Resources include raw materials relevant to the industry, such as timber for construction or minerals for manufacturing. Access to clean water is crucial for food production and other industrial processes. Additionally, energy sources, whether renewable or fossil fuels, are necessary to power operations. Lastly, a healthy ecosystem and a stable climate are vital for sustainability and long-term viability.

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5mo ago

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When a successful business is able to use and sell its productive resources effectively the business is able to make a(n)?

When a successful business effectively utilizes and sells its productive resources, it is able to make a profit. This efficient management of resources leads to increased productivity and competitiveness in the market. As a result, the business can reinvest in growth, innovate, and enhance its overall sustainability. Ultimately, this creates value for both the company and its stakeholders.


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How do natural resources imapact Russia?

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Managing resources is very important in a business even in day to day life. If we cannot manage our resources then we are unable to achieve success. Management guides us to make our work more effective and successful. Best wishes Bhupinder


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