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Examveda

Men, Money Material and Machines are included in

A. factors of production

B. resources

C. budget preparation

D. cost analysis

Answer: Option B

Solution(By Examveda Team)

Men, Money Material and Machines are included in resources. Resource management is the process by which businesses manage their various resources effectively. Those resources can be intangible – people and time – and tangible – equipment, materials, and finances. It involves planning so that the right resources are assigned to the right tasks.

This Question Belongs to Management >> Business Management

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