What is Resource Allocation?

A definition of Resource Allocation

“Resource allocation is the process of assigning and managing assets in a way that supports an organization’s strategic goals. It involves distributing resources to various projects or departments effectively.”

Resource Allocation in Business Glossary - What is Resource Allocation?

Business Glossary > What is Resource Allocation?


Examples of Resource Allocation in a Sentence:

Resource allocation is crucial for project management success.

Effective resource allocation helps in optimizing productivity.

The manager focused on resource allocation to maximize output.

Why is Resource Allocation Important in Business?

Understanding resource allocation is essential for efficient business operations. It helps in optimizing the use of available assets, ensuring the right resources are available at the right time, and supporting strategic objectives.

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Associated Terms

Here are some associated business terms and synonyms for “Resource Allocation”:

  • Resource Distribution
  • Asset Allocation
  • Resource Management

Apple Resource Allocation

Apple demonstrates effective resource allocation by strategically investing in R&D and talent acquisition. This approach allows Apple to innovate and maintain its competitive edge in the tech industry.

Final Notes on Resource Allocation

When considering resource allocation, companies should focus on aligning resources with strategic goals. This alignment ensures that the organization effectively supports its business objectives and maximizes returns on investment.


This has been a definition of Resource Allocation meaning.

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