Which of the following refers to natural resources that can be used by an enterprise?

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Multiple Choice

Which of the following refers to natural resources that can be used by an enterprise?

Explanation:
The term "land" refers to natural resources that can be used by an enterprise, encompassing not only physical land but also all natural resources that originate from it, such as minerals, forests, water, and agricultural products. In the context of enterprise, land is a fundamental factor of production, as it provides the raw materials necessary for creating goods and services. Capital refers to financial assets or machinery used in the production process, which are not considered natural resources. Labour involves human effort and skills applied in the production of goods and services and does not directly relate to natural resources. Technology encompasses the tools, systems, and processes used to enhance production and is often a product of innovation rather than a natural resource. Therefore, "land" is the correct term to describe natural resources that enterprises can utilize in their operations.

The term "land" refers to natural resources that can be used by an enterprise, encompassing not only physical land but also all natural resources that originate from it, such as minerals, forests, water, and agricultural products. In the context of enterprise, land is a fundamental factor of production, as it provides the raw materials necessary for creating goods and services.

Capital refers to financial assets or machinery used in the production process, which are not considered natural resources. Labour involves human effort and skills applied in the production of goods and services and does not directly relate to natural resources. Technology encompasses the tools, systems, and processes used to enhance production and is often a product of innovation rather than a natural resource.

Therefore, "land" is the correct term to describe natural resources that enterprises can utilize in their operations.

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