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Business resources - SS2 Commerce Past Questions and Answers - page 1

1

Which type of resource includes employees, managers, and staff members?

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A

Human resources

B

Financial resources

C

Physical resources

2

What type of resource refers to money, capital, and financial assets?

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A

Human resources

B

Financial resources

C

Material resources

3

Which resource category includes machinery, equipment, and facilities?

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A

Human resources

B

Financial resources

C

Physical resources

4

What type of resource consists of raw materials and components used in production?

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A

Human resources

B

Material resources

C

Physical resources

5

Which resource category represents external factors that present favorable circumstances for a business?

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A

Physical resources

B

Financial resources

C

Opportunity resources

6

Define goodwill as a business resource.

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7

Provide an example of a financial resource.

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