Economics and Business Management
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Efficient Allocation
Author: Paulo Nunes (Economist, Professor and Business Consultant) Contributions: without contributions ... if you are an expert in this field help us to enrich our site ... contact us knoow.net@gmail.com Date Created: 05/08/2010 Summary: Effective Allocation... see full article Key words: management, Comment or read other comments on this article |
Efficient Allocation |
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Efficient Allocation The expression efficient allocation designates the main reason for the need of organization’s own management existence. In fact, the organizational resources are, by definition, limited, hence its allocation (term is here used as the factors’ application or use upon a certain combination or process) should be made efficiently in a way that the probability of reaching the pre defined goals be the highest possible.
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