BUSI 730 1) When I hear the term "strategic allocation of resources," I understand it to mean the process of distributing resources in a way that aligns with the company's strategic goals. This involves deciding where to invest time, money, and manpower to achieve the best possible outcomes. It's about making choices that will maximize the company's potential for success, while minimizing waste and inefficiency. 2) From this course, I hope to gain a deeper understanding of how businesses make these strategic decisions. I'm particularly interested in learning about the tools and techniques that managers use to analyze their resources and make informed decisions about where to allocate them. I also hope to learn about how these decisions impact other areas of the business, such as marketing, operations, and human resources. 3) One area that I may not fully understand yet is how to quantify the potential benefits of different resource allocation strategies. I understand the concept in theory, but I'm not sure how to actually calculate the expected return on investment for a given strategy. I'm also not sure how to factor in the potential risks and uncertainties that come with any business decision. 4) The strategic allocation of