Practice Resource Allocator - 3.2.3.3 | 3. Managers and Managerial Roles | ICSE 11 Business Studies
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Resource Allocator

3.2.3.3 - Resource Allocator

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Practice Questions

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Question 1 Easy

What is resource allocation?

💡 Hint: Think about how managers decide to spend or save resources.

Question 2 Easy

Why is resource allocation important?

💡 Hint: Consider the impacts on project success.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does resource allocation include?

Distributing resources
Curbing employee tasks
Identifying flaws

💡 Hint: Recall the definition of resource allocation.

Question 2

True or False: Resource reallocation means permanently removing funds from a department.

True
False

💡 Hint: Consider how resources can be redirected temporarily.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

You're the manager of a tech startup. Halfway through the year, you recognize that your marketing budget is 30% overspent while your product development team is underfunded. Analyze and propose a resource reallocation plan.

💡 Hint: Look at each department's performance metrics for insights.

Challenge 2 Hard

Consider a scenario where departments are arguing over limited resources. As a manager, devise a strategy to mediate these conflicts and ensure fair resource allocation across all teams.

💡 Hint: Think about how to establish common grounds and maintain clear communication.

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