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Allocation of financial Resources . Procurement of found . Efficient and Effective utilization of financial resources
Allocation of financial ResourcesProcurement of foundEfficient and Effective utilization of financial resources
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.
Financial utilization is the rental revenue achieved over a period of time against the potential revenue that could have been achieved based on a target or standard, non-discounted rate.
mobilise resources utilization
Allocation of financial Resources . Procurement of found . Efficient and Effective utilization of financial resources
Allocation of financial ResourcesProcurement of foundEfficient and Effective utilization of financial resources
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.
resource leveling is an effective means of smoothing the utilization of resources
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.
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without proper administration and effective utilization of finace
bala: resource utilization is the usage of our natural recources.
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.
Resource allocation refers to setting aside resources. Resource utilization refers to how resources are used.
Not using the available resources in such ways.
Underutilization of resources occurs when resources are not being used to their full potential, leading to inefficiency and waste. This could include unused or idle machinery, underutilized workforce, or inefficient allocation of financial resources. Addressing underutilization can improve productivity and reduce costs for an organization.