resource management operations are carried out in small organizations. 100 words
Answer (1)
Answer:Resource management operations in small organizations focus on effectively utilizing limited resources such as people, money, time, and equipment. Unlike large companies, small organizations often operate with tighter budgets and smaller teams, so efficient planning is crucial. Key operations include workforce scheduling, financial planning, inventory control, and technology usage. Managers must ensure that resources are allocated wisely to avoid waste and maximize productivity. Communication and flexibility play vital roles since staff often handle multiple responsibilities. Proper resource management helps small organizations remain competitive, achieve goals, and sustain growth despite constraints in capital and manpower.
