A Resource Is Something That

question 92

Multiple Choice

A resource is something that:

• A)is used to produce goods and services.
• B)is provided by nature,not produced by society.
• C)exists in unlimited quantities.
• D)must be produced by a firm.
• E)is always available free of cost.

---

Definitions:

Inefficient

Lacking in effectiveness or the ability to produce a desired outcome without wasting materials, time, or energy.

Networking

The act of interacting with others to exchange information and develop professional or social contacts.

Mutual Investment

A cooperation or partnership model where two or more parties invest resources, such as time, money, or expertise, towards a common goal or venture.

Profit Sharing

A compensation model where employees receive a share of the company's profits on top of their regular salary, typically based on predetermined criteria.