Which of the following is the most important business resource?

Assessment: JAMB UTME - Commerce - 1994 Subject: Commerce

Question 1 Report

Which of the following is the most important business resource?
Answer Details
All of the options listed are important business resources, but if we have to choose one that is the most important, it would be manpower. Manpower refers to the people who work for a business and utilize other resources like money, materials, and management skills to produce goods or services. Without skilled and dedicated employees, a business cannot function effectively even if it has plenty of money, materials, or management resources. Therefore, manpower is considered the most important resource for any business.
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