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Questions and Answers
What are the benefits of effective time management in business?
What are the benefits of effective time management in business?
- Improved work-life balance and reduced stress (correct)
- Inefficient completion of tasks and poor resource allocation
- Decreased productivity and poor decision-making
- Increased workload and decreased motivation
What is the role of prioritizing tasks in effective time management?
What is the role of prioritizing tasks in effective time management?
- It leads to better decision-making (correct)
- It has no impact on business performance
- It decreases productivity
- It increases workload
How does effective time management impact business performance?
How does effective time management impact business performance?
- It has no impact on work-life balance
- It increases workload
- It improves decision-making and task completion (correct)
- It reduces productivity
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Study Notes
- Time is a valuable resource in business
- Effective time management involves planning, organizing, and controlling time spent on activities
- Benefits of effective time management include increased productivity and better decision-making
- Effective time management leads to improved work-life balance
- Managing time effectively reduces stress and improves well-being
- Effective time management strategies improve business performance
- Tasks can be completed efficiently and effectively with effective time management
- Managers can allocate resources appropriately with effective time management
- Prioritizing tasks leads to better decision-making
- A happier and more motivated workforce is a result of effective time management.
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