business

What does "resources" mean?

• Resources are things that help to achieve a particular goal

• I dont know

• Resources are people who create obstacles in a project

• Resources are random items with no clear purpose.

Are resources only money?

• Yes, resources always refer to financial capital only

• No, resources can include financial resources, physical resources....

What is the difference between financial and physical resources?

• Financial resources are buildings, and physical resources are money

• Financial resources are ideas, and physical resources are plans

• Financial and physical resources mean the same thing

• Financial resources are money, and physical resources are things like tools and buildings

are things that are necessary for survival

(a)  

What are "wants"?

• Things you must have to survive, like food and water

• Things you would like to have, but most of which you can do without

• Things that are impossible to get.

• I dont know

to meet our needs and wants we need to have access to....

• Resources

• Books

• Luxury goods

• Nothing

what is income?

• Resources

• Money

• Needs

• Wants

Child benefit is...

• unearned income

• earned income

• benefit in kind

• none

Benefit in kind is

• income in forms of goods or services

• salary

• wage

• none of them

what is piece rate?

• same as time rate

• when you are paid for the quantity of goods that you have produced

• when you are paid for the quantity of hours worked

• none of them