Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

What are the input resources to complete a task?

Options:

Money

Material

Equipment

All of these

Correct Answer:

All of these

Explanation:

Input resources are money, materials, equipment and persons required to do a particular task. Obviously, management is concerned with the efficient use of these resources, because they reduce costs and ultimately lead to higher profits.