Question

An entrepreneur combines four kinds of resources into a business. What would be the effect on...

An entrepreneur combines four kinds of resources into a business. What would be the effect on the business if any one were left out?

Homework Answers

Answer #1

Four types of resources include material, human , financial, and information resources. Every organization has to work to coordinate those four tools. If one resource is not accessible or is not available , the company would most likely fail because it is the combination and balance of the four resources that produces business success. for example, a manufacturer cannot produce products if there are no raw materials. And the other three are equally relevant

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