Strategic Resource Management and Allocation for Small Businesses

This report focuses on resource management for small businesses, using the London Travel Agency as a case study. It emphasizes the importance of identifying and prioritizing resources, creating resource allocation plans, and considering factors such as emergencies, team roles, and project scope. The report highlights the significance of evaluating human resources and utilizing their skills effectively. It concludes that by implementing these strategies, managers can gain a strategic advantage and utilize resources efficiently. The report also includes references to relevant academic sources, providing a comprehensive overview of resource management principles and practices.