Resources have economic potentials, that is, wealth-producing capacity which addresses poverty, development and affluence as well as the realistic pursuit of national interests. The exploitation of resources is the function of management which is grounded in the nature of the modern industrial system and in the needs of the modern business enterprise to which an industrial system must entrust its productive resources- both human and material. Management expresses the belief in the possibility of controlling man’s livelihood through systematic organization of economic resources. It expresses the belief that economic change can be made into the most powerful engine for human betterment
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