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Corporate resource allocation may be different depending on the speed of growth of the organization. Which of the following is inappropriate when facing rapid growth?
Answer & Solution
Correct Answer:
Option
B
Corporate resource allocation may be different depending on the speed of growth of the organization. Past allocations and budgets is inappropriate when facing rapid growth. Resource allocation is a process and strategy involving a company deciding where scarce resources should be used in the production of goods or services. A resource can be considered any factor of production, which is something used to produce goods or services.
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