Management and Organizational Behavior Fundamentals Quiz

Management is the art of knowing what you want to do in the best and cheapest way, according to FW Taylor.

Harold Koontz defines management as the art of getting things done through and with people in formally organized groups, creating an environment for cooperation towards group goals, and optimizing efficiency in reaching goals.

According to George R. Terry, management consists of planning, organizing, actuating, and controlling performance to accomplish stated objectives by using human beings and other resources.

<p>Managers are responsible for converting disorganized resources of men, money, and materials into a useful enterprise, and they perform the role of catalyst in every organization.</p> Signup and view all the answers

<p>The present acceptable definition of management is that of Knootz and Terry, which emphasizes the process consisting of planning, organizing, actuating, and controlling performance to accomplish stated objectives by using human beings and other resources.</p> Signup and view all the answers