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In organizational studies, resource management is the efficient and effective development of an organization's resources when they are needed. Such resources may include the financial resources, inventory, human skills, production resources, or information technology (IT) and natural resources.
Natural resource management (NRM) is the management of natural resources such as land, water, soil, plants and animals, with a particular focus on how management affects the quality of life for both present and future generations (stewardship). Natural resource management deals with managing the way in which people and natural landscapes interact
The term natural resource management is frequently used in relation to a particular resource for human use, rather than the management of a whole ecosystem. [34] Natural resource management aims to fulfill the societal demand for a given resource without causing harm to the ecosystem, or jeopardizing the future of the resource. [35]
Management of natural resources involves identifying who has the right to use the resources and who does not to define the management boundaries of the resource. [31] The resources may be managed by the users according to the rules governing when and how the resource is used depending on local condition [32] or the resources may be managed by a ...
Communities are in a need of sustainable management, because if the community is to prosper, then the management must be sustainable. Forest and natural resources need to have sustainable management if they are to be able to be continually used by our generation and future generations. Our personal lives also need to be managed sustainably.
The multiple-use and wise use concepts advocated by Pinchot reflected the view that nature's resources should be scientifically managed so as "to protect the basic productivity of the land and its ability to serve future generations." [13]
Thus, the principles of start-up ecosystem management suggest that rather than managing individual people or organizations, resources should be managed at the level of the startup ecosystem itself. Classifying start-up ecosystems into structurally similar units is an important step towards effective ecosystem managing.
In the context of an entire economy, resources can be allocated by various means, such as markets, or planning. In project management, resource allocation or resource management is the scheduling of activities and the resources required by those activities while taking into consideration both the resource availability and the project time. [1]