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Questions and Answers
What is management?
What is management?
- The administration of organizations through business administration, nonprofit management, or public administration (correct)
- The management of financial resources in a business
- The act of supervising employees in an organization
- The process of selling goods and services
What does management include?
What does management include?
- Focusing solely on natural resources
- Supervising the technological resources of an organization
- Setting the strategy of an organization and coordinating the efforts of its employees or volunteers (correct)
- Only managing financial resources
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?
- Run the business and Change the business (correct)
- Operate the business and Innovate the business
- Maintain the business and Revamp the business
- Sell the business and Adapt the business
What resources are managed in an organization?
What resources are managed in an organization?
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What does the term 'management' refer to?
What does the term 'management' refer to?
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