MASTER IN BUSINESS ADMINISTRATION – NATURAL RESOURCES MANAGEMENT (12MBNR) at Namibia Business School

What is NATURAL RESOURCES MANAGEMENT?

Natural resource management is the management of natural resources such as land, water, soil, plants and animals, with a particular focus on how management affects the quality of life for both present and future generations.

Overview

Properly managed, natural resources provide the foundation for maintaining and improving the quality of life of the world’s population and can make invaluable contri- butions to sustainable growth.

Frequently Asked Questions

What do you mean by natural resource management?

Natural Resource Management (NRM) refers to the sustainable utilization of major natural resources, such as land, water, air, minerals, forests, fisheries, and wild flora and fauna. Together, these resources provide the ecosystem services that provide better quality to human life.

What is an example of natural resource management?

Examples of these kinds of projects include: micro-watershed management, irrigation water management, soil and water conservation, community forestry, community-based coastal zone fisheries management, and conservation of biodiversity.

What is natural resource management course?

The programme in Environmental and Natural Resources Management aims at deepening understanding of the character of the environment, and of its inherent natural resources as they relate to human livelihoods and survival. It explores the ways the environment and the resources are used.

What are the principles of natural resource management?

NRM includes eight principles of legitimacy, transparency, accountability, involvement, fairness, integration, capability, and adaptability – these features provide normative guidance for the establishment of multilevel NRM governance.

What is environmental and natural resources?

The use and conservation of natural resources such as water, land, soil, plants, and animals affects a multitude of industries, from agriculture and mining to tourism, fishing, and forestry.

What are the challenges of natural resources management?

As a result, the people are faced with numerous environmental challenges, particularly deforestation and forest degradation, biodiversity loss, ecosystem degradation, reduction in soil quality, and a reduction in available water quantity.

What is natural resources management and policy?

Title: Natural Resources Management and Policy. Definition: A program that prepares individuals to plan, develop, manage, and evaluate programs to protect and regulate natural habitats and renewable natural resources.

What are the 2 types of natural resources?

Resources are characterized as renewable or nonrenewable; a renewable resource can replenish itself at the rate it is used, while a nonrenewable resource has a limited supply. Renewable resources include timber, wind, and solar while nonrenewable resources include coal and natural gas.

What is natural resources explain types?

Natural resources are Earth materials used to support life and meet the needs of people. Any organic material used by humans can be considered as a natural resource. Natural resources include oil, coal, natural gas, metals, stone, and sand. Air, sunlight, soil, and water are other natural resources.

What is the difference between natural resource management and environmental management?

Environmental resources combine what is naturally found in the world and human ingenuity. Natural resources are not made or caused by humankind, but environmental resources can be caused by humankind (e.g., transportation and recreation, a beautiful landscape, discovery of a new species).

What is natural resources based on?

Natural resources can be classified as potential, actual, reserve, or stock resources based on their stage of development. Natural resources are either renewable or non-renewable depending on whether or not they replenish naturally. Natural resource utilization is regulated through the use of taxes and permits.

What are the characteristics of natural resources?

Resources characteristics: Resources have three main characteristics namely 1) Utility,2) Limited availability, 3) Potential for depletion or consumption.

What is the conclusion of natural resources?

Of all the natural resources used by humans, two stand out as having the biggest impact on human survival and environmental quality. Mineral and fossil fuel resources are largely responsible for moving human civilization from hunter-gatherer societies to heavily industrialized urban ones.

How do you manage natural resources essay?

Alternative resources or renewable resources like solar energy or water energy should be used. Saving electricity can be a step to conserve natural resources such as water, coal, natural gases, and biomass. Basic practices like switching off fans, lights, geysers, and air conditioners must become a habit.

What is the importance of resources?

Resources are important for us as we utilise them to satisfy our wants. Many minerals like iron, copper, mica etc. are used in industries for manufacturing various goods. Minerals like coal and petroleum are used for the generation of electricity.

How do natural resources affect economic development?

Natural resources have a double-edge effect on economic growth, in that the intensity of its use raises output, but increases its depletion rate. Natural resource is a key input in the production process that stimulates economic growth.

What are the advantages of using natural resources?

Our air, land, water, wildlife, plants and soil – our ‘natural resources’ – provide us with our basic needs, including food, energy, health and enjoyment. When cared for in the right way, they can help us to reduce flooding, improve air quality and supply materials for construction.