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Definition: The term capital resource is an economic concept that refers to man-made elements employed to produce goods or services. They are resources that allow the company to carry on with its productive activities.
Capital goods, real capital, or capital assets are already-produced, durable goods or any non-financial asset that is used in production of goods or services. [57] Capital is distinct from land (or non-renewable resources) in that capital can be increased by human labor.
21 Ιαν 2020 · A capital resources definition, simply stated, refers to goods a business needs to produce other goods or provide services. Capital resources are a long-term investment, meaning they are not used up within a year. Examples of capital resources include buildings, machinery and equipment.
CSCMP Supply Chain Management Definitions and Glossary. The Glossary of Terms provides you with a comprehensive listing of current logistics and supply chain management terms along with their descriptions. The information contained in this listing was gathered from global supply chain leaders.
Capital: Broadly defined, capital represents the tools which people use when they work, in order to make their work more productive and efficient. Under capitalism, capital can also refer to a sum of money invested in a business in hopes of generating profit.
Term capital Definition: One of the four basic categories of resources, or factors of production. It includes the manufactured (or previously produced) resources used to manufacture or produce other things. Common examples of capital are the factories, buildings, trucks, tools, machinery, and equipment used by businesses in their productive ...
21 Νοε 2023 · Capital resources are any human-made assets or resources that are used to produce a good or deliver a service. Capital resources must have three characteristics.