Question

The types of resources needed by a business are financial, physical, and labor resources.

a) true
b) false

Answer 1

a. True

Step-by-step explanation:

The above is true because financial resources are needed to enable a business meet up with its daily activities in terms of funding. Also, physical resources are buildings, machineries and assets in general which are required to carry a business daily operations. The labor resources, which is the most important resources are the workforce that carry out the day to day operations of a business.