Which Activities Involve Putting the Resources of the Business into Action

question 15

Multiple Choice

Which activities involve putting the resources of the business into action to generate a profit?

• A)Delivering
• B)Financing
• C)Investing
• D)Operating

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Definitions:

Pure Command System

An economic system characterized by the public ownership of resources and centralized planning.

Economic Questions

Economic questions are fundamental queries about how societies allocate scarce resources to produce goods and services for consumption, including decisions on what, how, and for whom to produce.

Resource Distribution

Refers to the allocation of resources, including land, labor, and capital, among different uses and geographic areas, affecting economic outcomes and efficiencies.

Property Rights

Legal rights to use, control, and derive benefits from resources such as land, intellectual property, and personal assets.