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Questions and Answers
What does management involve?
What does management involve?
- Adapting goods or services to meet the changing needs of customers
- Exclusively focusing on the delivery of goods or services
- Setting the strategy and coordinating the efforts of employees or volunteers (correct)
- Implementing technological resources and financial management
What are the resources that management involves?
What are the resources that management involves?
- Human, financial, and physical resources
- Financial, natural, technological, allocated authority, and human resources (correct)
- Marketing, sales, and production resources
- Physical, intellectual, and emotional resources
Which concepts are used in management to differentiate between continued delivery and adapting of goods or services?
Which concepts are used in management to differentiate between continued delivery and adapting of goods or services?
- Maintain the business and Upgrade the business
- Operate the business and Evolve the business
- Sustain the business and Transform the business
- Run the business and Change the business (correct)
What does the term 'management' refer to?
What does the term 'management' refer to?
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Which fields are associated with management?
Which fields are associated with management?
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What does business administration encompass?
What does business administration encompass?
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What does 'administration' in business administration refer to?
What does 'administration' in business administration refer to?
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What does the term 'management' in business administration involve?
What does the term 'management' in business administration involve?
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Which of the following is not a part of business administration?
Which of the following is not a part of business administration?
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What is encompassed by the administration of a business?
What is encompassed by the administration of a business?
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