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Which of the following best describes a 'resource allocation model'? (2023)

Practice Questions

1 question
Q1
Which of the following best describes a 'resource allocation model'? (2023)
  1. A framework for distributing resources based on need.
  2. A method for calculating the total cost of resources.
  3. A strategy for maximizing profits through resource management.
  4. A plan for equal distribution of resources across all sectors.

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following best describes a 'resource allocation model'? (2023)
Solution: A resource allocation model is primarily a framework for distributing resources based on need, making option 0 the correct answer.
Steps: 0

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