Resource utilization refers to the efficient and effective use of available resources, such as time, money, and materials, to achieve specific goals. It involves assessing how resources are allocated and identifying ways to optimize their use, ensuring that waste is minimized and productivity is maximized. In various fields, including business and environmental management, effective resource utilization is crucial for sustainability. By analyzing resource consumption patterns, organizations can make informed decisions that enhance performance while reducing costs and environmental impact. This practice is essential for long-term success and responsible stewardship of resources like natural resources and human capital.