Which of the following is NOT a common method of resource allocation?
Practice Questions
Q1
Which of the following is NOT a common method of resource allocation?
Market-based allocation.
Command-based allocation.
Random allocation.
Needs-based allocation.
Questions & Step-by-Step Solutions
Which of the following is NOT a common method of resource allocation?
Step 1: Understand what resource allocation means. It is how resources (like money, time, or materials) are distributed or assigned.
Step 2: Learn about common methods of resource allocation. These include methods like priority-based allocation, needs-based allocation, and market-based allocation.
Step 3: Identify the options given in the question. Look for the method that does not fit with the common methods mentioned.
Step 4: Recognize that random allocation means distributing resources without any specific plan or criteria. This is not a systematic method.
Step 5: Conclude that since random allocation is not a common method, it is the correct answer to the question.
