Business Resource Needs (VCE SSCE Business Management): Flashcards

Unprocessed materials extracted from the environment

Human effort & skills to create products or deliver services

Human-made items used in production (machinery, equipment, etc.)

Predicting & securing employees with needed skills

Guidelines ensuring suppliers meet ethical & environmental standards

Natural resources, labour, capital resources

Quality inputs lead to quality outputs & maintain standards

Suppliers deliver on time in correct quantities

Choosing ethical suppliers with sustainable practices

Negotiate, service & maintain, replace when needed