Inventions in Resource and Technology used in Businesses

Goods may be defined as?

• the organized efforts and activities of individuals to produce.

• Tangible products that satisfy human wants.

• The action of helping or doing work for someone.

What is a service?

• Tangible products that satisfy human wants. 

• The action of helping or doing work for someone.

• The organized efforts and activities of individuals to produce and sell goods

The set of people who make up the workforce of an organization is what type of resource?

• natural resources

• human resource

• non-human resource

A person or group that introduces something new or creates something for the first time is called?

• Innovators

• Inventors

• Innovation

Our the years pens have evolved to what we know it to be today. Which of these are the third evolution of pens?

• reed pen

• dip pen

• quill (feather)

Which one of these calculators where the first to be invented?

• solar powered

• vacuum tubes

• microchip

Which of the following BEST defines resources?

• Resources are tools and materials that we use on a day-to-day basis

• Resources are goods or services that we use to satisfy our needs and wants

• Resources are things that we use to make our life easier

• Resources are things that can be used to produce or create goods and services to satisfy human needs and wants

Non-human resources are classified as:

• Equipment

• Material

• Tool

• All of the above

Technology can be defined as:

• The use of knowledge, skills, materials, tools and equipment to solve practical problems

• Material, tools and equipment used in a business

• An ability that has been acquired by training

• Occupation, profession or trade

Technology can be simple and?

• Creative

• Innovative

• Advanced

• Real