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Questions and Answers
What is the definition of management?
What is the definition of management?
- Management is the science and art of getting people together to accomplish desired goals and objectives by coordinating and integrating all available resources efficiently and effectively. (correct)
- Management is concerned with using 4M's - men, machine, material, and money, excluding methods.
- Management is the act of creating a business environment without considering the integration of resources.
- Management is the process of solely administering and controlling the affairs of the organization.
What are the 5M's that management is concerned with optimizing?
What are the 5M's that management is concerned with optimizing?
- Managers, machines, methods, money, and materials
- Managers, machines, materials, money, and maintenance
- Men, machine, material, money, and methods (correct)
- Managers, manpower, materials, money, and methods
Which of the following is NOT a characteristic of management?
Which of the following is NOT a characteristic of management?
- Universal
- Involves achieving business objectives efficiently and effectively
- Concerned with direction, coordination, and integration
- Specific to profit-making organizations (correct)
What does management aim to achieve regarding the 5M's?
What does management aim to achieve regarding the 5M's?
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What is the primary focus of management according to the text?
What is the primary focus of management according to the text?
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What does management aim to accomplish by coordinating and integrating all available resources efficiently and effectively?
What does management aim to accomplish by coordinating and integrating all available resources efficiently and effectively?
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Which of the following is NOT considered one of the 5M's that management is concerned with optimizing?
Which of the following is NOT considered one of the 5M's that management is concerned with optimizing?
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What is the primary focus of management according to the text?
What is the primary focus of management according to the text?
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Which of the following is NOT a characteristic of management?
Which of the following is NOT a characteristic of management?
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What is management defined as in the text?
What is management defined as in the text?
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