Which component allocates and manages physical resources for each virtual machine?

A hypervisor, also known as a Virtual Machine Monitor (VMM), is software, firmware, or hardware that creates and runs virtual machines (VMs). It is responsible for allocating and managing the physical resources of the host machine, such as CPU, memory, and storage, to each virtual machine. This allows multiple operating systems to run concurrently on a single physical host. The OS (Operating System) runs within a virtual machine and does not manage physical resources for other VMs. The CPU is a physical resource managed by the hypervisor, not a manager itself. A physical enclosure is the hardware housing, not a software component.