5 Questions
What does 'efficiency' refer to in management?
The ratio of benefits to costs as resources are used and depleted to produce goods and services
What is the role of a 'manager' in an organization?
Integrating and combining human, capital, and technological resources to achieve organizational objectives
What are 'objectives' in the context of management?
Targets or desired levels of achievement
Which type of planning focuses on specific actions to implement long-range strategies?
Tactical planning
What is 'bottom-up planning' in the context of management?
Ideas originate from employees and move upward
Test your knowledge of management principles, efficiency, and effectiveness with this quiz. Explore the concepts of integrating resources, cost-benefit analysis, and goal attainment in organizational settings.
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