resource limitations
Resource limitations refer to the constraints on the availability of essential materials, energy, or services needed to meet demands. These limitations can arise from various factors, including environmental conditions, economic constraints, or technological challenges. For example, water scarcity in certain regions can limit agricultural production and affect food supply.
In business, resource limitations can impact a company's ability to grow or innovate. Limited financial resources may restrict investment in new projects or hiring additional staff. Similarly, time constraints can hinder the completion of tasks, affecting overall productivity and efficiency. Understanding these limitations is crucial for effective planning and decision-making.