0
Does profit maximizing conflict with resource allocative efficiency?
Wiki User
∙ 10y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What are the advantage of assignment problem?
Assigning tasks optimally helps in maximizing efficiency, reducing time and cost, improving resource utilization, and enhancing overall productivity. It also helps in balancing workload, ensuring fairness, and minimizing conflict among team members.
What is an optimum resource allocation?
Optimum allocation is when productive and allocative efficiency co-exist. Productive efficiency is achieved when when products are made with the least possible use of the resources, i.e, by incurring lowest possible costs in producing them Allocative efficiency is achieved when the combination of products produced provide consumers the greatest possible satisfaction, i.e, goods which are most wanted are produced When both these elements are present, there is also economics efficiency. This means that resources are used in the best way possible, i.e, producing the goods which are most wanted with the least possible use of resources
What is the philosophy underlying resource loading?
Resource loading is based on the philosophy of maximizing the utilization of resources in order to improve efficiency and productivity. It involves assigning tasks and activities to resources in a way that optimizes their availability and minimizes idle time. By effectively distributing workloads, resource loading aims to ensure that resources are utilized to their fullest potential, leading to better project outcomes.
How can the term business efficiency be explained?
In business efficiency is achieving the goal with least amount of resource consumption. Productivity and effectiveness are calculated by using an efficiency comparison.
Why necessary to identify workplace enviromental and resource efficiency issues?
cause
To what extent is HR management able to improve the efficiency of a business?
To what extent is Human Resource Management able to improve the efficiency of the business.
What is resource audit?
A resource audit is the process by which employees ensures that the business or a project has all the resources it needs to complete work. Done correctly, resource audits improve efficiency.
What is a true conflict?
A true conflict is when two or more parties have a scarce resource in which they want for different purposes
Which describes increasing the efficiency of an energy resource?
making cars that get better gas mileage
Is gasoline a renewable or nonrenewable resource?
It is an nonrenewable source. People burn fuel for car efficiency.
Why is energy a natural resource that creates problems?
it is a problem because we all need it. some of us places don't have this resource and it is difficult to find so it causes a conflict. the conflict is a fight that can be solved ex. war.
Why conflict is unavoidable?
If you're an executive, manager or human you resource professional, managing conflict is probably part of your job. So is recognizing when hidden conflict is the source of a problem.
