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allocation of resources

   Also found in: Wikipedia, Hutchinson 0.03 sec.

allocation of resources

Apportionment of productive assets among different uses. The issue of resource allocation arises as societies seek to balance limited resources (capital, labour, land) against the various and often unlimited wants of their members. Mechanisms of resource allocation include the price system in free-market economies and government planning, either in state-run economies or in the public sectors of mixed economies. The aim is always to allocate resources in such a way as to obtain the maximum possible output from a given combination of resources.


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Further slippage can be seen in the allocation of resources to ethics activities.
We started leaning towards HP because its solution allowed the dynamic allocation of resources across a blended server environment, and the ability to bring up and down Microsoft Windows and Linux servers in a rapid deployment mode.
"To accommodate our rapid expansion, we are making important shifts in the allocation of resources to further strengthen operations that are contributing to our profitability," RTG's Chief Executive Officer Marty Sergi says.
 
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