define what is management of resources
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In organizational studies, resource management is the efficient and effective development of an organization's resources when they are needed. Such resources may include the financial resources, inventory, human skills, production resources, or information technology (IT) and natural resources.
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Resource management is the process by which businesses manage their various resources effectively. ... Managing resources involves schedules and budgets for people, projects, equipment, and supplies. While it is often used in reference to project management, it applies to many other areas of business management.
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