Questions

Genes are units of heredity.

Economic resources are those goods and services that can be converted into valuable products for individual and business purposes.

There are four major types of economic resources:

1. land,

2. labor,

3. capital and

4. entrepreneurship.

Land and labor are natural and human resources, while capital means physical resources or money.

Entrepreneurship converts these resources into usable goods.

However, resources have finite values, and proper utilization depends on economic systems and economic decisions.

Head Quaters of FAO is located in Rome

I. Inputs

• Organizational process assets


• Procurement management plan


• Evaluation criteria


• Procurement document package


• Proposals


• Qualified sellers list


• Project management plan

                 - Risk register

                 - Risk related contractual agreements

II. Tools and Techniques

• Weighting system


• Independent estimates


• Screening system


• Contract negotiation


• Seller rating systems


• Expert judgment


• Proposal evaluation techniques

III. Outputs

• Selected sellers


• Contract


• Contract management plan


• Resource availability


• Procurement management plan (updates)


• Requested changes

Bengaluru becomes the first Indian city to get its very own logo

• Much like New York and Singapore, Bengaluru is set to get its own logo, becoming the first Indian city to do so.