The judicious and effective use of energy to maximise profits and enhance competitive positions”. This can be the definition of
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the judicious and effective use of energy to maximize profits and enhance competitive position is known as resource management.
Explanation:
- resource can be defined as the various types of energy that can be used for performing a definite task. However for getting the maximum profit the resources should be used In a particular time for a particular purpose. This is known as management of resources.
- Management of resources is a very important task for enhancing competitive positions.
To know more about resource management,
What is Sustainable development? How is it useful in natural ..
.https://brainly.in/question/7755344
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