Podcast
Questions and Answers
What is management?
What is management?
- The process of selling goods and services
- The science of marketing products to customers
- The enforcement of rules and regulations within an organization
- The administration of organizations through business administration, nonprofit management, or public administration (correct)
What does management include?
What does management include?
- Setting the strategy of an organization and coordinating the efforts of its employees or volunteers (correct)
- Designing marketing campaigns and advertisements
- Negotiating contracts with suppliers
- Managing the legal affairs of an organization
What are the two concepts used in management to differentiate between continued delivery and adapting of goods or services?
What are the two concepts used in management to differentiate between continued delivery and adapting of goods or services?
- Sell the business and Expand the business
- Run the business and Change the business (correct)
- Stagnate the business and Transform the business
- Maintain the business and Innovate the business
What resources are managed in management?
What resources are managed in management?
Who does the term 'management' refer to?
Who does the term 'management' refer to?
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