Why are people considered a resource class 8
Answer
People are considered a resource class 8, because they have the power to contribute or create elements of value to achieve specific goals, such as knowledge, skill, and effort, to an organization[3]. Humans are unique among other resources because they are able to think and act independently with creativity, meaning they can bring innovative solutions to problems[1]. In doing so, humans can contribute to the growth and development of an organisation[3].
They can provide labour, generate ideas and develop products and services that add value to the organisation[1].
Humans can be used as a resource to increase productivity, develop quality services and products, manage finances and resources, understand consumer behaviour, and make decisions to improve the organisation[3]. They also possess physical and emotional qualities that allow them to work in teams, communicate effectively, and make better decisions[1].
People are considered a resource class 8 because they possess the power to build and develop the organisation[3]. They are able to draw on their skills, knowledge, abilities, and experience to create a strategy to achieve their goals[1]. By utilising human resources, an organisation can gain a competitive edge and gain an advantage over its competitors[7].
People can also help an organisation understand and meet consumer needs, as they are able to provide insight into what consumers want and need[1].
Overall, people are an important resource class 8 because they can bring value to the organisation and create a lasting success[7]. Additionally, their knowledge, skills, experience, and ability to think critically can bring many benefits to the organisation[1].
Websites
- https://www.meritnation.com/cbse-class-8/social-science/resources-and-development-ncert-solutions/human-resources/ncert-solutions/10_8_1302_779_74_10033
- https://www.toppr.com/ask/question/why-are-people-considered-a-resource/
- https://www.learncbse.in/ncert-solutions-for-class-8-geography-sst-human-resource/
- https://byjus.com/question-answer/answer-the-following-questions-i-why-are-people-considered-a-resource-ii-what-are-the/
- https://brainly.in/question/117585
- https://byjus.com/question-answer/why-are-people-considered-a-resource/
- https://edurev.in/t/74274/NCERT-Solutions-Chapter-6--Human-Resources--SST--C
- https://byjus.com/ncert-solutions-class-8-social-science-geography-chapter-6-human-resources/
- https://byjus.com/question-answer/why-are-human-beings-considered-as-special-resources-on-the-earth-the-population-of-human-1/
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