‘Maintenance of the raw materials is important for a business and needs special management’. Discuss?

1. Give short answers for the following questions:

i. What are the resources of a company

ii. what is an effective resource management system?

iii. outline the main problems relating to managing resources?

iv. what is the relationship between operation functions and resource management in a business?

v. why the trusted suppliers are very important for a business?

2. ‘Maintenance of the raw materials is important for a business and needs special management’. Discuss?

3. “Managing resources is an essential part of running a successful business”. Discuss?