allocation

Definition

The corporate art of dividing limited resources (usually budget, headcount, or meeting room access) among competing departments who all believe they deserve more. It's basically the business equivalent of splitting a pizza among hungry siblings, except the stakes involve quarterly targets and someone's probably going to complain to HR. The process rarely pleases everyone and typically involves several spreadsheets and at least one passive-aggressive email chain.

Example Usage

After three meetings about budget allocation, marketing got their conference funds cut while sales somehow scored another team-building retreat.

Source: Business management terminology

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