regional development should mobilize the local resources with the key concept of pocket area products
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Answer:
Resource mobilization refers to all activities involved in securing new and additional resources for your organization. It also involves making better use of, and maximizing, existing resources. Resource mobilization is often referred to as ‘New Business Development’. The figure below shows how New Business Opportunities – which are intended to mobilize resources – form part of an organization’s overall functioning.
Resource mobilization is critical to any organization for the following reasons:
Ensures the continuation of your organization’s service provision to clients
Supports organizational sustainability
Allows for improvement and scale-up of products and services the organization currently provides
Organizations, both in the public and private sector, must be in the business of generating new business to stay in business
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