Business Studies, asked by kritzz5073, 1 year ago

Why resource planning in essential ? which are the three steps involved in it ?

Answers

Answered by madniashrafi
2

Resource planning is a technique or skill of proper utilisation of resources. As the resources are limited and unevenly distributed over the country their planning is essential. Resource planning comprises three stages:

(i) Preparation of inventory of resources.

(ii) Evaluation in terms of availability for development.

(iii) Planning for exploitation of resources

The first stage includes surveying, mapping and measurement of characteristics and properties of resources.

The second stage examines resources from the points of view of technology, economy and need.

The third stage is related to action-oriented planning which emphasises use and reuse of the sources.


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