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Questions and Answers
Explain the concept of 'management' and its application in various types of organizations.
Explain the concept of 'management' and its application in various types of organizations.
Management is the administration of organizations, including businesses, nonprofit organizations, and government bodies. It involves setting the strategy, coordinating employee efforts, and managing resources to achieve organizational objectives.
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?
The concepts used are 'run the business' and 'change the business.' 'Run the business' refers to the continued delivery of goods or services, while 'change the business' involves adapting goods or services to meet the changing needs of customers.
What does the term 'management' refer to apart from the administration of organizations?
What does the term 'management' refer to apart from the administration of organizations?
The term 'management' may also refer to those people who manage an organization—managers.
Name the different types of resources that management involves in the context of organizations.
Name the different types of resources that management involves in the context of organizations.
What is the science of managing the resources of businesses, governments, and other organizations called?
What is the science of managing the resources of businesses, governments, and other organizations called?
