A STUDY ON THE EFFICIENT UTILIZATION OF RESOURCES IN COMPANIES

Abstract

Most organizations are constrained with the efficiency utilization of resources. The resources most organizations possess are in form of working capital and non-current assets or fixed assets. When the organization utilizes its resources well it is known to be efficient in the utilization of resources. This paper thus focuses on the efficiency utilization of resources. Initially the objectives of study are outlined in the paper. The paper further describes working capital and non-current asset contained in the literature review and to discuss how the types and preparation of efficiency ratios and how they can be used assess the performance of an organization in terms of resource utilization contained in the findings and discussions. The conclusion and recommendations outlines the suggested solutions. The scope of this paper is focused on the Zambian scenario, particularly the Zambian business entities.