QUESTION IMAGE
Question
bank of america continuously monitors external data regarding the economy (interest rates, the stock market, inflation, unemployment etc.) to determine its business prospects for the future and how to adapt to a constantly changing economic environment. this data is known as which of the following?
human resources
informational resources
material resources
financial resources
Human resources refer to people. Material resources are physical items. Financial resources are money - related. Here, data about the economy (interest rates, stock market, etc.) is information. Informational resources are data and knowledge used for decision - making.
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Informational resources