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Effective utilization of resources means managers must know what equipment is needed every day and where it is needed. It also means that managers know their employees capabilities and use them appropriately.
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Concept and function of business finance?
Allocation of financial Resources . Procurement of found . Efficient and Effective utilization of financial resources
3 major function of business finance?
Allocation of financial ResourcesProcurement of foundEfficient and Effective utilization of financial resources
What are the Objectives of the African development bank?
mobilise resources utilization
How can profit make a company more effective and competitive?
Profit can make a company more effective and competitive in the market in various ways. The company will have more resources which it can pump into the business and do better promotions and adverts which will translate to even more profits.
How does management esure optimum utilization of resources?
Perform a Needs Assessment and then measure outcomes to see if they match.
Concept and function of business finance?
Allocation of financial Resources . Procurement of found . Efficient and Effective utilization of financial resources
What is the usefulness of minimum moment algorithm in resource levelling?
resource leveling is an effective means of smoothing the utilization of resources
3 major function of business finance?
Allocation of financial ResourcesProcurement of foundEfficient and Effective utilization of financial resources
Discuss about proper administration and effective utilization of finance?
without proper administration and effective utilization of finace
Fundamentals of management?
The fundamentals of management will provide a set of functions which will be used in utilization of resources. This is what promotes efficient and effective production in an organization.
Is A project is an endeavor to accomplish a specific objective through a unique set of interrelated tasks and the effective utilization of resources?
Stop cheating.
What is capital utilization?
Capital utilization refers to the efficiency of using physical assets, such as equipment and machinery, to produce goods and services. It is a measure of how fully a company is utilizing its resources to generate revenue. High capital utilization indicates that a company is efficiently using its assets, while low capital utilization suggests underutilization and potential inefficiencies.
What is utilization of resources?
bala: resource utilization is the usage of our natural recources.
What industrial management is?
Industrial Management can be defined as the effective and efficient running of an industry using its human and non-human resources in order to achieve its set goals and objectives. It can also be defined as the effective and efficient utilization of organizational resources to achieve an industry set goals.
Difference between resource allocation and resource utilization?
Resource allocation refers to setting aside resources. Resource utilization refers to how resources are used.
What does an under utilization of a country's resources mean?
Not using the available resources in such ways.
What is resource utilization?
Resource utilization is the total amount of resources actually consumed, compared against the amount of resources planned for a specific process. It is normally measured as a percentage.
