Organizations must acquire a variety of resources in order to produce a product or service of value. These resources may include materials, equipment, financing, or even employees. The sources that provide these various resources are referred to as
A)shareholders.
B)regulators.
C)retailers.
D)suppliers.
E)prospectors.

Question

Quizplus · Accepted Answer

The sources that provide resources such as materials, equipment, and employees are known as suppliers. Shareholders are individuals who own a portion of a company's stock, regulators are entities that monitor and enforce laws and regulations, retailers are businesses that sell goods directly to consumers, and prospectors are individuals or companies engaged in the search for new opportunities or resources. None of these options accurately describe the sources of resources for organizations.

Organizations Must Acquire a Variety of Resources in Order to Produce