Resources and Production Factors (Physical resources (Equipment, Cars.,…
Resources and Production Factors
It is a vital resource.
Companies that respond more quickly to market changes survive.
Time has always been a resource to solve the problem of scarcity, the problem of hunger.
It is the art of know-how.
It can also be called a technique.
All that extra extra technological resource becomes an advantage for companies.
People are the company itself.
People's talents are the things they do best.
When a person uses his talent for the benefit of an organization he is giving the best he has, what he can give.