The statement is True. A current application of a company that uses the Human Resources model is Cummins engine.
Oil, coal, herbal gasoline, metals, stone, and sand are natural sources. different herbal sources are air, daylight, soil, and water. Animals, birds, fish, and flowers are herbal resources as well. herbal resources are used to make food, gas, and raw substances for the production of products.
Classical economics acknowledges three classes of resources, additionally known as factors of production: land, hard work, and capital. The land consists of all herbal resources and is considered as each the site of production and the supply of raw substances.
Resources are essential for the improvement of any united states of America. for example, to generate strength, one wants fossil fuels; and for industrial development, we require mineral sources. 6. Irrational consumption and over utilization of herbal sources have led to socio-monetary and environmental issues.
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