Question

define resource allocation

Answer 1

heya friend
resource allocation is the assignment of available resources to various uses. In the context of an entire economy, resources can be allocated by various means, such as markets or central planning.
hope it helps u

Answer 2

Resource allocation is a process of assigning and managing assets in a manner that supports an organization's strategic goals.
It also includes managing tangible assets such as hardware to make the better use of softer assets as human capital.
Hope it helps...