ABSTRACT
The inputs to work processes are called resources, which can be classified in at least three ways. You may see resources separated into:
money manpower machines and materials
– the four Ms.
A second classification is ‘land, capital and labour’. Here, land is the term used to describe all natural resources, including water, airspace and raw materials. Capital is all non-human, non-natural resources, and labour is the term used for human resources.
