Resource management involves optimizing skilled workers and materials for productivity in a business context through controlling the labor force and assessing productivity of key resources.
Resource management in a business context involves effectively utilizing both skilled workers and materials to optimize productivity and output. It includes selecting the right people for the job and providing continuous training for skill development.
Controlling the labor force is essential to maintain production efficiency. Mechanization, such as using assembly lines, sets the pace of production and helps in standardizing labor tasks, although it can lead to deskilling of workers.
Productivity assessment of key resources is crucial in the resource view of production management to track improvements and compare operations with other firms, ensuring optimal resource utilization.
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