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Questions and Answers
Which of the following best describes the function of management?
Which of the following best describes the function of management?
- Creating a competitive work environment
- Managing external stakeholders' interests
- Setting organizational goals and objectives (correct)
- Implementing company-wide social responsibility programs
What is a key responsibility of management in an organization?
What is a key responsibility of management in an organization?
- Conducting product research and development
- Ensuring effective resource allocation (correct)
- Developing marketing strategies
- Influencing consumer behavior
What is one of the primary tasks of management in a company?
What is one of the primary tasks of management in a company?
- Negotiating trade agreements with suppliers
- Executing day-to-day operational tasks
- Designing advertising campaigns
- Formulating long-term business strategies (correct)
Which of the following is a fundamental role of management in an organization?
Which of the following is a fundamental role of management in an organization?
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