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What is the most correct meaning of mobilizing resources in business?

Answer and explanation

Correct answer: Properly using money, human skills, materials, and contacts

Business resources include more than money: people’s skills, time, materials, information, technology, relationships, and finance may all be needed. Mobilising resources means identifying, obtaining, coordinating, and using these resources effectively to achieve business objectives. Locking money away, withholding information, or leaving resources unused does not mobilise them. Therefore A gives the correct meaning.

Related tags

Resource-MobilisationBusiness-ResourcesEntrepreneurship DevelopmentMsme And Business EntrepreneurshipBusiness StudiesClass 11 Mcq

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