What is technology?
Why are human resources important?
Why are people considered as a resource?
How potential resource can be actual resource? Do all resouces have economic value? Give examples.
Why certain renewable resouces need to be used judiciously?
Answers
Answer:
Ans 1)Technology ("science of craft", from Greek τέχνη, techne, "art, skill, cunning of hand"; and -λογία, -logia[2]) is the sum of techniques, skills, methods, and processes used in the production of goods or services or in the accomplishment of objectives, such as scientific investigation. Technology can be the knowledge of techniques, processes, and the like, or it can be embedded in machines to allow for operation without detailed knowledge of their workings. Systems (e.g. machines) applying technology by taking an input, changing it according to the system's use, and then producing an outcome are referred to as technology systems or technological systems.
Abs 2) business will succeed is to look after your employees.
Treat your employees fairly and provide them with opportunities to grow, and in return they'll help you to achieve your ideas and hit your business goals. And of this is all down to HR.
Human resources (HR) is the umbrella term used to describe the management and development of employees in an organisation. Ultimately, it’s all about increasing employee performance.
Traditionally, HR focused on hiring, firing and the old-school annual pay review. More recently, HR has been positively reframed, covering a much wider remit.
Ans3) No resource can be utilised without the intervention of people. It is the people who add value to a resource. Hence, people are considered as a resource.
Ans 4)Potential resources become actual resources when it is used for mankind and so on. Specially when it becme a part of econmy , progress our development , with the take care of enviroment and eco system. Potential resource means resources which are stored and can be used in future.
Ans 5)Not all resources have economic value. The air we breathe does not have an economic value because it's basically unlimited. One can easily imagine if there was a moon colony that you have to pay a water, electricity and an Air bill because the air is not unlimited and it would have to be made and or imported.
Ans 5) Resources have value because they are scarce and because some people want them. If no one wanted diamonds then they would have no value. And people want air but it's not scare on Earth so it likewise has no value.
But for instance something like iron is both scarce and valued by people. Because it's valued by someone that means they are willing to give something up for it. Because we have private property (ish) they people who value the iron can't simply steal (I mean they can, but the owner of the iron can use force to protect his assets). Since money gives us a common unit of exchange the person who has the iron can sell it to someone who values the iron more than they value their money.
Thus, scarce and valuable resources have value because someone values their money (or something else) less and is willing to trade.
Ans 6) Resources found found in limited quantity
resources are to be saved for the future generation
most of the resources are non renewable in in nature
so once if they get depleted, it takes millions of years again for them to get renewed
over utilisation and irrational consumption of resources may lead to the depletion of the resources
so we need to use our resources judiciously.
Hope it helps you