Which of the Following Best Describes Natural Resources

question 183

Multiple Choice

Which of the following best describes natural resources?

• A) native abilities that workers might possess
• B) production inputs such as land, rivers, and mineral deposits
• C) knowledge that is freely available and is used in production
• D) public schools and universities where workers are prepared for life, for which companies do not have to pay

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Definitions:

Managerial Role

A position that involves planning, decision-making, organizing, leading, and controlling within an organization to achieve its objectives.

Entrepreneurs

Individuals who create, launch, and manage new businesses, taking on financial risks in the hope of profit.

Resources

Assets, people, or materials that an organization or individual has available for use to achieve goals.

Entrepreneur Outlook

The perspective or approach an entrepreneur has towards business opportunities, challenges, and the future of their venture.