Question

Which of the following is the kind and source of resources ?

• A. Physical resource
• B. Technical resource
• C. Human resource
• D. All of these

Hint:

A common framework for classifying resources is: Physical, Human, Financial, and Intellectual/Intangible (which includes technical resources). All the options given fit within this framework.

Answer 1

The Correct Option is D

Step 1: Understanding the Question:
The question asks to identify which of the given options are types ('kind') and origins ('source') of resources for a business.
Step 2: Key Concept:
Business resources are the assets, capabilities, processes, information, and knowledge that an organization uses to implement its strategies and achieve its objectives. They are broadly categorized.
Step 3: Detailed Explanation:
Let's analyze the options as types of resources:

(A) Physical resource: These are tangible assets like plant, machinery, buildings, raw materials, and land. They are a fundamental kind of resource.

(B) Technical resource: These are intangible resources related to know-how, processes, patents, copyrights, and technology. They are crucial for competitive advantage.

(C) Human resource: This refers to the people working in the organization, including their skills, knowledge, experience, and motivation. Often considered the most important resource.

All three—physical, technical, and human—are universally recognized as primary categories of business resources. The question combines "kind and source," which can be interpreted as asking for valid categories of resources.
Step 4: Final Answer:
Since Physical, Technical, and Human resources are all major types of resources, the correct answer is (D) All of these.