Resource Management
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Questions and Answers

Which term best describes the concept described in the text?

  • Time management
  • Resource management (correct)
  • Project management
  • Financial management

What is the main goal of resource management?

  • To maximize profits
  • To minimize costs
  • To streamline communication
  • To optimize resource allocation (correct)

Why is resource management important for organizations?

  • To enhance operational efficiency (correct)
  • To reduce employee turnover
  • To improve product quality
  • To increase customer satisfaction

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