Which of the following is a potential consequence of poor resource allocation? (
Practice Questions
Q1
Which of the following is a potential consequence of poor resource allocation? (2023)
Increased efficiency in production.
Higher levels of employee satisfaction.
Wastage of resources and reduced productivity.
Improved market competitiveness.
Questions & Step-by-Step Solutions
Which of the following is a potential consequence of poor resource allocation? (2023)
Step 1: Understand what resource allocation means. It refers to how resources (like money, time, and materials) are distributed for use.
Step 2: Think about what happens when resources are not allocated properly. This can mean that some resources are wasted or not used effectively.
Step 3: Consider the effects of wasted resources. When resources are wasted, it can lead to lower productivity, meaning less work gets done.
Step 4: Identify the correct answer from the options given. Since poor resource allocation can cause wastage and reduced productivity, option 2 is the correct choice.