Management: Introduction, Meaning, and Functions

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What is management?

A social process

What is one of the characteristics of management?

Management is a group activity

What does management focus on?

Human resources and production factors

What is the importance of management?

Accomplishment of group goals

What is management needed at?

At all levels of the enterprise

What is the main difference between Administration and Management?

Administration is concerned with the formation of objectives, plans, and policies, while Management means getting things done through people.

What is the definition of skill as presented in the text?

Skill is an acquired and learned ability to translate knowledge into performance.

Which function involves arranging, guiding, coordinating, directing, and controlling the activities of other factors of production to accomplish the objectives of the enterprise?

Organising

What does Staffing involve in the context of management functions?

Manning the positions created by the organization process and dealing with human resources.

Which function involves ensuring that the organization is moving in the desired direction and that progress is being made towards the achievement of objectives?

Controlling

Test your knowledge about the introduction, meaning, and functions of management with this quiz. Explore the characteristics and importance of management, as well as the distinction between administration and management.

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