FREE NERC Resource Questions and Answers

Question 1

What is a primary resource in production management?

Accepted Answer

All of the above

Answer

Money

Answer

Labor

Answer

Machines

Question 2

Which resource is considered non-renewable?

Accepted Answer

Coal

Answer

Solar energy

Answer

Wind power

Answer

Hydroelectric power

Question 3

What is the term for resources that can be replenished naturally over time?

Accepted Answer

Renewable resources

Answer

Finite resources

Answer

Infinite resources

Answer

Non-renewable resources

Question 4

What type of resource is human labor classified as?

Accepted Answer

Human resource

Answer

Natural resource

Answer

Capital resource

Answer

Non-renewable resource

Question 5

What does "resource allocation" refer to in business?

Accepted Answer

Distributing available resources efficiently

Answer

Assigning tasks to employees

Answer

Increasing the number of resources

Answer

Reducing the use of resources