Which of the following includes two examples of transforming resources?
(A) Facilities and customers
(B) Materials and customers
(C) Facilities and human resources
(D) Materials and human resources - HSC - SSCE Business Studies - Question 5 - 2015 - Paper 1
Question 5
Which of the following includes two examples of transforming resources?
(A) Facilities and customers
(B) Materials and customers
(C) Facilities and human resource... show full transcript
Worked Solution & Example Answer:Which of the following includes two examples of transforming resources?
(A) Facilities and customers
(B) Materials and customers
(C) Facilities and human resources
(D) Materials and human resources - HSC - SSCE Business Studies - Question 5 - 2015 - Paper 1
Step 1
Which of the following includes two examples of transforming resources?
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Answer
To answer this question, we need to identify what transforming resources are. Transforming resources refer to the resources that are used to convert inputs into outputs in the production process. These typically include facilities (like buildings and equipment) and human resources (like the workforce).
Now let's analyze each option:
(A) Facilities and customers: Customers are not transforming resources; they are considered transformed resources.
(B) Materials and customers: Again, customers are not transforming resources. Materials are also transforming, but this option contains a non-transforming resource.
(C) Facilities and human resources: Both are transforming resources; facilities are physical locations that enable production, and human resources refer to the people involved in the production process.
(D) Materials and human resources: Materials can be transforming, but this option lacks another transforming resource as human resources alone do not categorize the material as transforming.
Thus, the correct answer is (C) Facilities and human resources, as both components listed are transforming resources.