Which of the following is a key factor in determining the efficiency of resource

Which of the following is a key factor in determining the efficiency of resource allocation? (2023)

Which of the following is a key factor in determining the efficiency of resource allocation? (2023)

Step 1: Understand what resource allocation means. It is how resources (like money, time, or materials) are distributed to different areas or projects.
Step 2: Identify what efficiency means in this context. Efficiency refers to how well resources are used to achieve goals.
Step 3: Recognize that strategic goals are the objectives or targets an organization wants to achieve.
Step 4: Realize that aligning resource use with these strategic goals means using resources in a way that directly supports achieving those goals.
Step 5: Conclude that when resources are aligned with strategic goals, they are used more effectively, leading to better outcomes and higher efficiency.

No concepts available.