Key Resources refer to the essential assets and capabilities that a business needs to operate effectively and deliver value to its customers. These resources can include physical items like buildings and machinery, intellectual property such as patents and trademarks, human resources like skilled employees, and financial resources like cash and investments. Identifying and managing Key Resources is crucial for a company's success, as they enable the business to create products or services, maintain competitive advantage, and achieve its strategic goals. Effective utilization of these resources can lead to increased efficiency and profitability in the long run.