Allocating resources refers to distributing available assets such as money, personnel, equipment, or supplies among different individuals or groups based on their needs or priorities.
Related terms
Resource Management: The process of planning, organizing, and controlling resources to achieve specific goals efficiently.
Budgeting: The allocation of financial resources for different purposes based on priorities and constraints.
Logistics: The management of the flow of resources, including transportation, storage, and distribution to meet specific needs efficiently.