Questions and Answers
What is management defined as?
Act of managing people and their work for achieving a common goal
What are the 5M's of the organization, as mentioned in the text?
Men, Material, Machines, Methods, and Money
What is the main function of administration?
Formation of plans, policies, and procedures
How is the nature of administration described in the text?
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What does management focus on achieving, according to the text?
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