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Resources (Business resources)

Business resources are the basic factors of production, and inputs into the production process in each organization.

The concept of business economy, namely, the efficiency (productivity) management and when costing, business resources are divided into:

All business resources must be organized and planned, they are subject to control and decision making and it is always necessary to respect the rule of resource constraints - they are the basic limiting factors for each organization. On a level of each organization are the resources managed and planned using integrated systems of resource management (see ERP Enterprise Resource Planning).

In terms of management and operation of the organization is a list of resources greater than that listed above and includes:

Related term in economics:

Related terms and methods:

  • Planning of resources
  • APS (Advanced Planning & Scheduling)
  • ERP (Enterprise Resource Planning)
  • MRP (Material Requirements Planning)
  • MRP II (Manufacturing Resource Planning)
  • SCM (Supply Chain Management)
  • VRIO Analysis

Related management fields:

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Last update: 07.05.2012