Resource allocation

Resource allocation is the process of allocating the resources of the organization selectively between competing strategies according to their merit.

Definitions

According to the Corporate Strategy by Lynch (4th edition),

Resource allocation. The process of allocating the resources of the organization selectively between competing strategies according to their merit.

According to the Strategic Management by David and David (15th edition),

Resource allocation. A central strategy implementation activity that entails distributing financial, physical, human, and technological assets to allow for strategy execution.