Question

why is there a need for allocation of resources

Answer 1

By the word resources, I am referring to all the resources required for a project such as financial resources, natural resources, human resources, etc. Resource allocation involves the planning of all the resources required for the project. It helps you to utilize only that much resources which are required. We all know that economy is going down these days which have resulted in a tough competition especially with regard to financial resources. The operating cost of doing business has increased. Companies have limited budget for projects so there is no margin for you to waste or misuse any material.

Answer 2

Answer:

Explanation:it will help