Management Fundamentals

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12 Questions

What is the relationship between effectiveness and efficiency in management?

They are interdependent

What is the primary goal of management in an organisation?

To ensure the effective and efficient attainment of objectives

What is the result of being effective but not efficient in management?

Higher costs for the organisation

What is the consequence of poor management in an organisation?

Stemming from both inefficiency and ineffectiveness

What is the primary focus of management according to Robert L. Trewelly and M. Gene Newport?

Planning, organising, actuating, and controlling an organisation's operations

What is the ultimate goal of management in terms of efficiency and effectiveness?

To aim for high efficiency and effectiveness

What is the primary goal of management in an organization?

To achieve stated goals with minimum resources

What is a common characteristic of management across different organizations and countries?

A goal-oriented process

What is a key aspect of management in terms of people?

Utilizing strengths and minimizing weaknesses

What is the main purpose of operations management in an organization?

To provide a product or service

What are the three main dimensions of management?

Management as work, people, and operations

Why is delegation of authority essential in management?

For effective management

Test your understanding of management principles and concepts. Learn about the definition of management, the process of planning, organizing, actuating, and controlling an organization's operations to achieve coordination and goals.

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