Principles of Management Quiz

Management is defined as the process of planning, organizing, leading, and controlling resources to achieve organizational goals.

Management is important because it ensures the effective and efficient utilization of resources, helps in achieving organizational goals, and adapts to changes in the environment.

The characteristics of management include goal-oriented, universal, integrative force, multidisciplinary, and continuous process.

<p>Some key contributors mentioned in the text are F. W. Taylor, Henry Fayol, Elton Mayo, and proponents of the systems approach and contingency management school.</p> Signup and view all the answers

<p>The systems approach and contingency management school emphasize the interdependence of various organizational elements and the need to adapt management practices to fit specific situations and contexts.</p> Signup and view all the answers