Podcast
Questions and Answers
What is the definition of management as per the text?
What is the definition of management as per the text?
- Measuring the appropriateness of organizational goals
- Coordinating actions to achieve a wide variety of goals
- Supervising the use of an organization’s resources to meet its goals
- Planning, organizing, leading, and controlling of resources to achieve goals (correct)
What does organizational performance measure according to the text?
What does organizational performance measure according to the text?
- How efficiently managers use available resources (correct)
- The degree to which the organization achieves its goals
- The appropriateness of the goals an organization is pursuing
- The measure of how productively resources are used
What are considered as resources in an organization based on the text?
What are considered as resources in an organization based on the text?
- Loyal customers and employees
- Financial capital and patents
- Machinery and raw materials
- All of the above (correct)
What does organizational performance effectiveness measure?
What does organizational performance effectiveness measure?
What are managers responsible for as per the text?
What are managers responsible for as per the text?