What are examples of organizational resources? How should organizations allocate scarce resources in a competitive environment? How can organizations ensure that their resources are allocated appropriately?© BrainMass Inc. brainmass.com October 9, 2019, 7:21 pm ad1c9bdddf
The organizational resources are basically of two types - capital and manpower. Land, Building, Physical Infrastructure, and all types of physical Assets are one part and Competency, Process, Skill, and Knowledge all related to manpower and management are the other part.
Organization should allocate scarce resources in following way:
1. List its short term and long term objectives.
2. Formulate action plans to achieve objectives
3. Prioritize the ...
The solution provides examples or organizational resources. How organizations show allocate scarce resources in a competitive environment are given.