Management Principles Quiz

Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees or volunteers to accomplish its objectives through the application of available resources.

Management is the administration of organizations, whether they are a business, a nonprofit organization, or a government body through business administration, nonprofit management, or the political science sub-field of public administration respectively.

"Run the business" and "Change the business" are the two concepts used in management to differentiate between continued delivery of goods or services and adapting to meet changing needs.

<p>Management involves the science of managing the resources of businesses, governments, and other organizations, including financial, natural, technological, allocated authority, and human resources.</p> Signup and view all the answers

<p>The term 'management' may also refer to those people who are responsible for overseeing and making decisions about an organization's activities.</p> Signup and view all the answers