Most organizations use four types of resources: material, human, financial, and informational.

Question

Quizplus · Accepted Answer

This statement is true. The four types of resources commonly used by organizations are material, human, financial, and informational. Material resources include physical items such as equipment, inventory, and supplies. Human resources refer to the people who work for the organization, including employees, contractors, and volunteers. Financial resources encompass the money and other financial assets that the organization has, such as budgets, grants, donations, and investments. Informational resources refer to the data and knowledge that the organization uses and produces, including market research, customer feedback, and internal reports.

Most Organizations Use Four Types of Resources: Material, Human, Financial