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Coal is set aside to burn as heating fuel.
Coal is set aside to burn for heating fuel
Spideris says it is allocation
Resources are used to produce products. For example, labour is a resource. Allocation of resource means using resources. For example, if a region's labour supply works on farms to grow apples, the labour resource is allocated towards growing apples
what is allocation function
Coal is set aside to burn as heating fuel.
Coal is set aside to burn for heating fuel
What are the dominate method of resource allocation?Discuss with the help of example?
1) decision implementation 2) responsibility allocation 3) territory allocation 4) roles allocation 5) planning and control 6) forecasting 7) reporting 8) evaluation and control
Spideris says it is allocation
Resource allocation is the process and decision of allocating money to a specific project or business unit.
Memory allocation: When a program asks for memory and gets it. Contiguous allocation: When the memory is in one big block, for example memory addresses 1000-2000, as opposed to "fragmented allocation" where the memory comes as several smaller blocks in different places, for example memory addresses 1000-1050, 2050-2125, ...
PIt usually distorts rational decision making
Lobbies and Special Interest Groups …
It usually distorts rational decision making and so results in sub-optimal allocation of resources.
Planning, Programming, Budgeting, and Execution
Resources are used to produce products. For example, labour is a resource. Allocation of resource means using resources. For example, if a region's labour supply works on farms to grow apples, the labour resource is allocated towards growing apples