Posted by Anonymous on .
I am still not able to get this:
These are all factors of production: natural resources, human resource and, capital resources,
I have to give five examples of each that go into the production of an automobile.
Is there any sites that could help me with this? I really don't get it
I tried searching on the internet, but I don't understand at all.
Are there examples you could give me, so I can get a better idea of what it is I need?
Natural resources for an automobile:
petroleum (for plastics)
coal (for fuel/heat)
Thank you very much Ms. Sue:)
Would electricity be a natural source as well?
Human resource~does this mean like industrial...?Accountants? Sales People?
Capital resources~Factory, vehicle, machine, printers, fax machines, cellphones.
Any other common ones I need to add?
Have I gotten any wrong?
Electricity is not a natural resource. It's produced by electric plants, fueled by petroleum or coal.
Human resources is right. Don't forget the assembly line workers, semi-truck drivers, management, administrative assistants.
Capital resources are also right.
Is it possible for companies both to maximize financial value for shareholders and to act responsibly in the communities in which they operate, to treat their employees, customers, and suppliers well, and to engage in activities that are good for the environment? In your response, please cite examples of companies that are doing so.