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In the context of an entire economy, resources can be allocated by various means, such as markets, or planning. In project management, resource allocation or resource management is the scheduling of activities and the resources required by those activities while taking into consideration both the resource availability and the project time. [1]
In current political-science and international-relations theory, a rentier state (/ ˈ r ɒ n t i eɪ / RON-tee-ay or / r ɒ̃ ˈ t j eɪ /) is a state which derives all or a substantial portion of its national revenues from the rent paid by foreign individuals, concerns or governments.
A production subsidy encourages suppliers to increase the output of a particular product by partially offsetting the production costs or losses. [12] The objective of production subsidies is to expand production of a particular product more so that the market would promote but without raising the final price to consumers.
WordNet is a lexical database of semantic relations between words that links words into semantic relations including synonyms, hyponyms, and meronyms.The synonyms are grouped into synsets with short definitions and usage examples.
In organizational studies, resource management is the efficient and effective development of an organization's resources when they are needed. Such resources may include the financial resources, inventory, human skills, production resources, or information technology (IT) and natural resources.
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Managers use economic frameworks in order to optimize profits, resource allocation and the overall output of the firm, whilst improving efficiency and minimizing unproductive activities. [4] These frameworks assist organizations to make rational, progressive decisions, by analyzing practical problems at both micro and macroeconomic levels. [ 5 ]
Dogs are also dichromats, meaning they can only detect blue and yellow colors, while humans are trichromats and can detect blue, green, and red. This makes a dog’s color vision similar to people ...