Resource Allocation in Management: Methods, Process & Strategy

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which is the best explanation of a resource in business?

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1. Which of the following is the best example of resource allocation?

2. What is the ideal method of resource allocation?

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About This Quiz & Worksheet

This worksheet and quiz can help assess your knowledge of resource allocation in management. You will be quizzed on characteristics of resource allocation and examples.

Quiz & Worksheet Goals

Use these assessment tools to check your understanding of the following:

  • Explanation of a resource
  • Examples of resource allocation
  • Definition of logistics
  • Ideal method for resource allocation
  • Parts of the resource allocation process

Skills Practiced

Use this quiz and worksheet combo to practice the following skills:

  • Information recall - access the knowledge you have gained regarding the process of resource allocation
  • Knowledge application - use your knowledge to answer questions about what a resource is
  • Interpreting information - verify that you can read information regarding logistics and interpret it correctly

Additional Learning

To learn more about this topic, review the accompanying lesson titled Resource Allocation in Management: Methods, Process & Strategy. This lesson will help you:

  • Identify steps involved in resource allocation
  • Define resources
  • Find examples of resource allocation
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