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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 process of supervising employees in an organization
- The science of creating new business strategies
- The coordination of financial resources within an organization
What does management include?
What does management include?
- Providing financial resources to an organization
- Setting the strategy of an organization and coordinating the efforts of its employees or volunteers (correct)
- Developing new technologies for organizations
- Implementing marketing strategies for organizations
What are the two concepts used in management to differentiate between the continued delivery of goods or services and adapting to meet changing customer needs?
What are the two concepts used in management to differentiate between the continued delivery of goods or services and adapting to meet changing customer needs?
- Run the business and Change the business (correct)
- Maintain the business and Innovate the business
- Stagnant business and Dynamic business
- Traditional business and Modern business
What are the resources that management is involved in managing?
What are the resources that management is involved in managing?
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What does the term 'management' refer to?
What does the term 'management' refer to?
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