Which term includes buildings, equipment, tools, and distribution facilities used to run a business?

Which term includes buildings, equipment, tools, and distribution facilities used to run a business?

• A. Competitive Edge
• B. Physical Resources
• C. Policies
• D. Opportunities

Answer: (B)

Physical resources are the tangible assets a business uses to operate, such as buildings, equipment, tools, and distribution facilities. These items are concrete assets that support production, storage, and distribution, making them the core examples of physical resources. By contrast, competitive edge refers to market advantages, policies are the rules guiding actions, and opportunities are external chances for growth, none of which describe the actual assets needed to run the business.

Physical resources are the tangible assets a business uses to operate, such as buildings, equipment, tools, and distribution facilities. These items are concrete assets that support production, storage, and distribution, making them the core examples of physical resources. By contrast, competitive edge refers to market advantages, policies are the rules guiding actions, and opportunities are external chances for growth, none of which describe the actual assets needed to run the business.