The acronym âSAP,â for Systems, Applications, and Products in Data Processing, is the name of a corporation that specializes in business products and services designed to improve operational efficiency. All types and sizes of businesses use SAPâs âenterprise application softwareâ to manage people, information, products and processes.
symbolic resources meaning, symbolic resources definition | English Cobuild dictionary. symbolic. 1 adj If you describe an event, action, or procedure as symbolic, you mean that it represents an important change, although it has little practical effect.
Resource allocation is a process and strategy involving a company deciding where scarce resources should be used in the production of goods or services. A resource can be considered any factor of production, which is something used to produce goods or services.