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Which of the following best defines 'resource allocation efficiency'?

Practice Questions

1 question
Q1
Which of the following best defines 'resource allocation efficiency'?
  1. The ability to distribute resources evenly across all departments.
  2. The optimal use of resources to achieve the desired output.
  3. The process of cutting costs to improve profitability.
  4. The method of reallocating resources based on employee feedback.

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following best defines 'resource allocation efficiency'?
Solution: Resource allocation efficiency refers to the optimal use of resources to achieve the desired output, making option 1 the correct answer.
Steps: 0

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