Which of the Following Is the Most Important Resource for a Start-Up

question 91

Multiple Choice

Which of the following is the most important resource for a start-up activity?

• A) social recognition
• B) land
• C) personnel
• D) money

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Definitions:

Determine Resources

The process of identifying and assessing the materials, finances, personnel, and time needed to achieve an objective or carry out a project.

Learning And Development Activities

Educational or training initiatives aimed at enhancing the knowledge, skills, and competencies of employees for career advancement.

Costs

Expenses related to attracting recruits.

Human Resource Planning

A process used to determine future human resource requirements and the business processes that will be needed to support and enable those resources by anticipating future business demands, analyzing the impacts of these demands on the organization, determining the current availability of human resources and the applicable business processes, and making decisions on how to effectively adapt and utilize firms’ human resources.