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include quotedinclude bibliographyexclude small matchesdownloadrefreshprint mode: Running head: DISCUSSION QUESTIONS Discussion Questions Discussion Questions Resources is define as organizational resource that makes a business run, and allocate organizational resources for business and make sure it is appropriately done in a competitive environment. It is hard to allocate these resources; business will acquire all the resources that are needed. What are examples of organizational resources? Technology, people, and finances are some examples of organizational resource. These organizations play a vital role in the accomplishment and progress of a business. A technology resource is very important organization it come in several different forms such as; equipment, programs, and devices. A technology organizational resource helps to improve the value and production in a business if incorporated properly. People are another important organizational resource people play an important role in the organization, hardworking and conservative employees who shall not be overlooked. Conservative people can be very distinctive when distinguishing the different between the success and failure of an organization, as well as allocating in a competitive environment. Finance also plays an important role in organizational resources; finance arrives from; investors, stakeholders, and the business as well. Finance is not easy to allocate when the economy is going through rough times and companies must honor their promise to provide value to acquire financial resource in business. How should organizations allocate scarce resource in a competitive environment? Organization must allocate scarce resources in a limited but competitive environment and be very careful when entering. An organization shall not use excess finance on technology before analyzing future plans of the organization, modern technology changes every day. This is one the appropriate research it will help save time and money in the future. When an organization hires new employees the organization must first evaluate all new employees and propose an incentive that will hired people who is effective and hardworking, in a competitive business with little or more scarce resources. It is very vital for an organization to pick and choose wisely as well as providing an incentive. Organization will use its other resources o plan when allocating finance in a competitive environment, the organization will give value to stakeholder; also the organization must provide a master plan to help prove that they are a valuable source to the investors. Organizational resource can benefit from the allocation process by monitoring and controlling allocation. To be effective an efficient in the business world an organization must check their resources after the fact. Most organization will make sure that all resources are allocated properly by preparing and probing before appropriately planning. When gathering up all the information during the planning process, the rest of the organization should engage in allocating resources. 1 DISCUSSION QUESTIONS 2 DISCUSSION QUESTIONS 3

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